Carlsbad, CA–(business wire)– 3E, a leading global provider of intelligent compliance solutions for chemical and workplace safety, product management and sustainable supply chains, today announced the acquisition of Toxnot. Toxnot is a Software as a Service (SaaS) platform that enables product compliance and sustainability in supply. chain. The acquisition supports 3E’s continued investment in a suite of supply chain compliance services to help companies better solve increasingly complex supply chain challenges.
Toxnot meets the growing needs of companies around the world for supply chain compliance. The company’s modern, flexible platform facilitates the collection, management and sharing of information across the value chain, enabling compliance, sustainability reporting, circularity and supply chain management. Toxnot has gained significant traction in multiple sectors, including manufacturing and technology industries.
“3E’s goal has always been to make the world a safer place through innovative compliance solutions,” said Greg Gartland, CEO of 3E. “At Toxnot, we have found a partner who offers market-leading SaaS services focused on a shared vision of achieving sustainability across global supply chains. The acquisition of Toxknot is an important step in the company’s ambitious growth plans. ”
The Toxnot platform enables customers to proactively manage increasingly complex supply chains and better handle expanding global regulatory compliance needs. Toxnot allows users to create a digital product passport that can be shared with participants across the value chain (both upstream and downstream participants) via the Toxnot Exchange. Toxnot Exchange gives suppliers complete control over how much data they share and with whom. Downstream manufacturers can use the data to screen for chemical hazards and design safer, more sustainable products.
“We are happy to join 3E and bring our platform to more users. “3E has a strong reputation for providing innovative compliance solutions and we look forward to working with them to deliver better results for our customers. Combining our flexible and scalable software solutions with his deep domain expertise in the 3Es of regulation, our vision is to help clients achieve compliance today, sustainability tomorrow and circularity forever. You can move your mission forward. ”
Toxnot co-founder and CTO Bill Hoffman said:I am happy to be part of 3E. They have the scale and resources to help take Toxnot to the next level. We look forward to working with them to accelerate the pace of innovation that provides supply chain transparency across global supply chains. Both Toxnot and 3E customers will benefit from the combination of technology, expertise and scale. ”
Shearman & Sterling LLP acted as legal advisor to 3E. Moulton Law Group acted as legal advisor to Toxnot.
Toxnot works with manufacturers and suppliers around the world to help design and build better products. The Toxnot Exchange software platform can ultimately be used to clean up toxic chemicals in global supply chains. The company works with industry to disrupt the notoriously complex chemical hazard landscape of supply chains and leads the way in building creative solutions for businesses of all kinds. For more information, please visit www.Toxnot.com.
For over 30 years, the world’s leading companies have trusted 3E to deliver the intelligent compliance solutions they need to ensure safety and sustainability. Our unrivaled environmental, health, safety and sustainability (EHS&S) and product compliance expertise enables our clients to improve chemical and workplace safety, product safety and control, and supply chain transparency. I can do it. 3E is committed to serving her over 5,000 customers worldwide representing a variety of industries, including the world’s largest chemical manufacturers, retailers and pharmaceutical companies. For more information, please visit www.3ECo.com.