365 Retail Markets has acquired UK-based food technology company Kafoodle for an undisclosed sum.
Kafoodle specialises in menu and kitchen management, nutritional data and allergy compliance. The company’s software solutions help foodservice operators – from small hospitality venues to large healthcare and education organisations – in the UK and Europe to manage costs, food compliance, digital menus, food waste and food labelling, and track nutritional data
The acquisition expands 365’s footprint in the UK and European markets. In addition, with Kafoodle’s technology, 365 will provide clients with comprehensive solutions that complement its existing offerings.
The deal will allow 365’s customers to create menus that cater to the needs of specific demographics, such as individuals with dietary restrictions or allergies.
365’s CEO, Joe Hessling, commented: “Kafoodle’s technology is truly innovative and aligns with our commitment to providing data-led insight to our clients while streamlining their business processes”.
Kafoodle’s founder and CEO Tarryn Gorre added: “Everyone in the food service industry has the same responsibility to provide key information about the food they serve and Kafoodle’s mission has always been to streamline how businesses accurately provide data to consumers”.
She added: “We are excited to join 365 Retail Markets’ team, to offer global support to food service businesses and tackle the challenges surrounding what’s in the food we consume and how it is sourced”.
365 said in a statement that “customers of both companies can expect to see new and enhanced solutions in the near future”.
© FoodBev Media Ltd 2023