Entegra acquires Beacon Purchasing

Entegra, a subsidiary of Sodexo, has acquired procurement service provider Beacon Purchasing from Interchange and Consort Hotels.

This move will merge the two purchasing organisations, combining Entegra's expertise in providing operational support, digital tools and instilling corporate social responsibility with Beacon Purchasing's experience in the industry.

Together they will support hotels, care and leisure facilities looking to improve their procurement with a range of services, including building maintenance and catering equipment.

Stephen Beech, UK managing director at Entegra, said: "We are looking forward to working with the team at Beacon to broaden our offering which will enable the faster deployment of new areas of service to benefit our clients' businesses. Both our clients and Beacon's will gain access to an enhanced portfolio of services to serve their needs, ultimately working to drive down cost, increase operational efficiency, and boost business performance."

Paul Brown, managing director of Beacon Purchasing, added: "From the moment we started talking to Entegra, the benefits of combining our two successful businesses just made sense. Beacon customers will now be able to leverage the power of better pricing that being part of Entegra brings, and Entegra customers will benefit from the additional services Beacon can provide. At this time of crippling cost pressures having a purchasing partner that can deliver is more important than ever and we believe joining Entegra will provide real solutions for thousands of struggling businesses."

The seller, Interchange and Consort Hotels Limited, received advice from Park Place (Richard Firth) on corporate finance, Clarion (Tony Berry and Amy Buttrick) on legal and Murray Harcourt (Neil Sengupta) on tax.

Sodexo established Entegra in 1999 to help businesses with food facilities to buy more efficiently.