Acquisition2024-05-27confirmed

AGENA3000 × ConsoTrust

AGENA3000, a leader in product data management, acquired ConsoTrust, a specialist in AI-driven analysis and compliance for product data. [51, 55] The acquisition, announced in June 2024 but dated to May 27, aims to integrate ConsoTrust's AI capabilities to enhance AGENA3000's data management solutions, particularly in verifying and enriching product information for the retail and CPG sectors. [55, 56] The price of the acquisition was not disclosed. [51]

Price paid
Not disclosed
Losing bid
Per unit
no meaningful ratio

The asset

Acquisition of ConsoTrust, a company with an AI platform for the compliance, processing, and analysis of product information, including regulatory, B2C, logistics, and raw materials data. [51, 55]

The record

Seller status
Going concern
Sector
Product data compliance and analysis
Modalities
product_data, regulatory_data, logistics_data
Jurisdiction
FR
Personal data
The sources focus on product data (ingredients, allergens, logistics) rather than personal consumer data, though the service is used to provide trustworthy information to consumers. [57, 59]

What it means if you hold data

This deal highlights the increasing value of data quality and enrichment in the retail supply chain. An established data management firm is buying AI capabilities to automate the validation and enhancement of product data, showing a market shift from managing raw data to providing verified, compliant, and intelligent data sets. [51, 56]

Sources