Elemica’s InSIGHT Event: Supply Chain Takeaways [Plus Content]
Tags: Plus, Spend Matters Netherlands
Last week, Spend Matters was invited to Elemica’s inSIGHT 2013, a supply chain conference in the German city of Wiesbaden, near Frankfurt. Elemica is a supply chain platform focusing on specific industries, namely chemicals, rubber industry, and tires (the last ones because of Elemica’s merger with Rubbernetwork). Rubbernetwork was founded as the supply chain platform for the tire industry, and was owned by a group of tire manufacturing companies (e.g. Goodyear and Michelin, to name a few big ones). Elemica has an impressive amount and level of companies as their clients and stakeholders. During dinner in a wonderful palace, Schloss Biebrich, I had a quick conversation with John Blyzinskyj, Elemica’s CEO. While a lot of competitors are trying to get the attention (and money) of private equity and informal investors, Elemica is owned by the 22 companies, which not only makes them a very robust company, but also very attractive for private equity.