News blog

EU Supply

• BY: Andrew Hore |
• POSTED: 30/10/2013 |

e-commerce systems developer EU Supply plans to join Aim in the middle of November.

London-based EU Supply (www.eu-supply.com) is the holding company for a Swedish e-commerce business involved in procurement through its own platform that provides SaaS-based sourcing tendering and contract management services for the European public sector. The business has been operating since 1999. In 2005, the company signed a licensing agreement with British Nuclear Fuels.

Westhouse is the broker (http://www.investegate.co.uk/aim/rns/schedule-1---eu-supply-plc/201310301214337584R/). The parent company is currently EUS Holdings.

No valuation has been placed on the company.

Last year, the European Council announced plans to make electronic procurement mandatory.

Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFOctober2013_49.pdf