BRIEF

on B2B Negocios

B2B Negocios and Suplos Forge Groundbreaking Alliance to Revolutionize Procurement Services Across Latin America

B2B Negocios, based in Mexico, and Suplos, originating from Colombia, have announced a strategic alliance. This partnership aims to position the combined entity as a leading provider of procurement services for major corporations in Latin America.

Together, B2B Negocios and Suplos will offer various services, including requisition services, electronic quoting, purchase order processing, and supplier validation. Their platform is trusted by corporations such as Colgate-Palmolive, Kellogg's, and Ecopetrol. The partnership promises to streamline procurement processes and increase efficiency for their clients.

The alliance reports combined sales of approximately $10 million, an EBITDA of over $2.5 million, and a workforce exceeding 200 employees. It processes 5 million transactions annually, facilitating over $40 billion in negotiations between suppliers and buyers.

This consolidation enhances the companies' ability to offer comprehensive solutions and signifies their commitment to providing exceptional procurement services across Latin America.

R. E.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all B2B Negocios news