“This transaction has tremendous synergies for both IMI Global and ICS,” said John Saunders, CEO of IMI Global. “As industry leaders in our respective product and service offerings, we are now positioned to offer one another’s customers new solutions across the verification and certification spectrum. And in addition to better serving our customers, we expect this transaction to accelerate our revenue growth and to be accretive to earnings.”
Leann Saunders, president of IMI Global, added, “The addition of a premium organic certification to our solutions portfolio gives us the ability to make an immediate impact with many of our customers that seek an organic solution in addition to our other verification services – particularly our retail customers who have organic offerings in their meat and produce departments.”
ICS, the nation’s premier provider of organic certification services, has a strong reputation and a large and growing customer base that includes food retailers as well as producers and processors of fruits, vegetables, dairy, livestock, grain and honey. The Company’s flagship certification program is Farm Verified Organic® – an ISO 65 and IFOAM accredited program that meets the requirements of the USDA National Organic Program – that is designed for organic producers selling to U.S. and international markets. ICS also offers USDA National Organic Program, Canadian Organic Regime (COR) and Food Alliance sustainability certification as well as facilitation and compliancy of European Union, Japan and Bio Suisse standards. It is estimated that the total organic market segment in the U.S. and E.U. is more than $50 billion annually.
“We are excited about our new relationship with IMI Global and the benefits this transaction will bring to our customer base in the form of IMI Global’s Where Food Comes From suite of solutions,” said Christina Dockter, president and CEO of ICS. “Together we offer an unparalleled array of quality solutions which will benefit thousands of producer, processer and retail customers and ultimately the millions of consumers who are increasingly demanding more information about where their food comes from. We want to stress this transaction will be seamless to ICS customers, who will continue to work directly with existing ICS personnel and will not be subject to any changes in organic standards.”
ICS’ programs will be incorporated into IMI Global’s Where Food Comes From® labeling program, which uses USDA Process Verified Programs (PVP) to connect consumers with the food supply chain at the point of purchase, providing an unprecedented level of transparency. Specifically, consumers using a smart phone can scan the quick response code on product labels to access information about the product’s origins and verify a range of product claims – soon to include organic – and provide consumers with an added level of confidence in a product’s attributes. For more information, go to www.wherefoodcomesfrom.com.
About International Certification Services (ICS)
Founded in 1979, International Certification Services is one of the oldest organic food and agriculture certifiers in the United States. ICS' private organic certification standard, Farm Verified Organic (FVO) is an early predecessor of the USDA National Organic Program. FVO certification meets the requirements of the USDA and international requirements for ISO 65 accreditation. FVO is also part of the International Federation of Organic Agriculture Movements’ (IFOAM) internationally recognized IFOAM Family of Standards. ICS is the only IFOAM accredited certifier in North America. ICS conducts certification inspections for a full range of agricultural and food businesses including family farms, cottage industry, commercial farms, cooperatives, retailers, processors/manufacturers, contract services, auxiliary handlers, and international operations.
About IMI Global
Founded in 1995, Integrated Management Information (d.b.a. IMI Global) is a USDA Process Verified (PVP) company and is a leading provider of verification and Internet solutions for the agriculture industry. Go to www.IMIGlobal.com and www.wherefoodcomesfrom.com for additional information. IMI has worked with some of the largest agricultural organizations in the United States, providing web-based applications for verification and identification as well as a range of consulting services tailored to meet each customer’s needs.