Brady plc (BRY.L), the leading global supplier of trading, risk management and settlement solutions to the metals and commodities sectors, announced that InVivo Group, a leading global farming co-operative group, has signed a contract with Brady. The contract is to supply a complete, end-to-end solution to support the client’s substantial grain trading and risk management activities using Brady solutions.
InVivo Group, based in France, has 279 member co-operatives and is the number-one French co-operative group. It is one of the largest groups of this type in Europe and has a presence in more than 60 countries.
Didier Nedelec, Deputy General Manager, Grain Marketing Division InVivo Group, stated, “We looked very carefully at the various alternatives before selecting Brady, particularly as the new technology is to be the core platform in our strategy of strengthening the economic performance and innovative capacity of our partner co-operatives. We are confident that the implementation of this leading technology will provide our partners with the best available tools, techniques and services on the market today. Brady proved, without doubt, to be the best solution for our requirements and we look forward to a long and fruitful partnership.”
Gavin Lavelle, CEO at Brady, commented: “This is another important client win following our recent acquisition of Viveo Switzerland in March this year. This new contract clearly demonstrates our ability to provide complex solutions across multiple commodity asset classes and represents the value of the recent acquisition for Brady and our clients.”