Osborne Clarke advised the founders of ecotrek, a sustainability data mining company, on the sale of the company to EcoVadis, the leading provider of globally trusted business sustainability ratings.
ecotrek's automated sustainability data collection, scanning, and analysis capabilities will complement EcoVadis’ portfolio of solutions by enhancing technical capabilities, improving customer experience, and expanding visibility with robust information about trading partners, thus accelerating the pace of its global scale.
“We shaped and validated our technology around a deep and growing market need for easing and accelerating sustainability insights. EcoVadis is the ideal partner to advance our mission to help companies deploy sustainable procurement at a global scale,” said Rena Kleine, Co-CEO at ecotrek.
In light of rising regulations, such as the German Supply Chain Act and the imminent European Directive on supply chain due diligence, the combined end-to-end offerings give customers a giant head-start over their peers on monitoring and improving their supply chain to be not only compliant with the law, but to thrive in the new responsible business environment.
The team which advised the founders of ecotrek was led by Dr. Fabian Christoph (Corporate / M&A) and consisted of Philipp Paul Niedermeyer (Corporate / M&A), Dr. Jens Wrede (Tax) as well as Cyrille d’Amécourt and Catherine Olive (Corporate / M&A, Osborne Clarke France).