Brakes Group, a supplier to the foodservice sector, has signed a 10-year contract worth more than £50m with Atos Origin, an IT services company. Under the new contract, Atos Origin will manage all of Brakes IT infrastructure and applications including servers, service desks and its SAP business support systems for human resources (HR), finance and supply chain.
The Brakes Group has been serving the foodservice industry for over 50 years, with a team of over 9,000 people in over 70 locations throughout the UK, Ireland and France.
This new contract builds on the longstanding partnership between Brakes and Atos Origin to extend the IT contract originally signed in 2003. It follows Brakes expansion into new markets – France and Ireland – and its rapid growth through acquisition over the last six years to an organisation with a turnover of £2.5bn today. The new contract will enable Brakes to better exploit new technologies, such as virtualisation and cloud computing in order to continue to efficiently and effectively support its growing business.
“As our IT partner, we need Atos Origin to play a critical role in supporting and enabling our business growth as we expand into new markets,” said Matthew Fearn, group chief financial officer (CFO) at Brakes. “We are hoping that by stepping up Atos Origin’s management of our IT, we can focus on delivering great food to our customers.”
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.