IESA, the Cheshire based business process outsourcer, has acquired Active Supply Holdings , the Stoke on Trent based provider of indirect supply chain management services to the aerospace, automotive and energy industries.
Active counts Rolls Royce, Siemens and Toyota among its clients. In 2016 it had a turnover of £40 million.
IESA chief executive Glenn Timms said: “I am delighted that we have been able to consummate this combination as Active is an organisation that we have admired for some time, particularly with regard to its sector and OEM expertise.
“Since IESA’s inception in 2001 and particularly since our MBO in 2012, our disruptive indirect supply chain model and associated award winning technology platform has been gaining increasing traction in the market place, both historically in the UK and Ireland, and more recently across Continental Europe and beyond.
“Following our revenue reaching £180m last year, we are currently enjoying a record year for new business wins, and the IESA platform now supports in excess of 70 major clients and over 27,000 vendors. Looking to the future, as we extend a warm welcome to our new colleagues and move to combining Active’s strengths with those of IESA, this will help to ensure that we accelerate the growth of our enlarged organisation”.
IESA is a supply chain business working with manufacturing and process organisations, and provides an integrated service spanning procurement (sourcing and buying indirect goods), finance (transaction processing) and operations (inventory and stores management).
IESA completed a management buyout in 2012 backed by Gresham Private Equity, at which time IESA was a £83M business and it has subsequently grown to £180M in 2016.