Abingdon, UK and Melbourne. Achilles, a global leader in supplier and supply chain risk management and assurance, on November 02 announced the completion of its acquisition of Cm3, a leading Australian provider of contractor management and compliance software, from the Blackwoods Group, part of Wesfarmers’ Bunnings division.
The acquisition follows regulatory approval from Australia’s Foreign Investment Review Board (FIRB) and marks an important milestone in Achilles’ international growth, strengthening its presence in Australia and the wider Asia-Pacific region.
For more than 18 years, Cm3 has supported organisations across Australia and New Zealand in managing contractor compliance, workplace health and safety, and operational risk. Its established platform and expert assessment services complement Achilles’ global capabilities in supplier intelligence, contractor assurance, compliance and risk management.
Together, Achilles and Cm3 now support more than 1,000 buying organisations and hundreds of thousands of suppliers and contractors worldwide. The combination creates opportunities to expand services, strengthen data and insights, and accelerate innovation, including through Smart Achilles AI capabilities that will help simplify processes, reduce administrative effort and improve risk management.
Sebastien Roussotte, CEO of Achilles, commented, “We are delighted to officially welcome Cm3 to Achilles. Cm3 is a highly respected business with strong customer relationships and deep expertise in contractor management and workplace safety. Bringing our businesses together is an exciting step forward. We see significant opportunities to combine our expertise, technology and global reach to deliver even greater value to customers, while building on everything that has made Cm3 successful in the Australian market.”
Cm3 will continue to operate with its established teams, platform and services, ensuring continuity for customers and partners. As part of Achilles, the business will benefit from greater scale, expertise and investment, creating new opportunities to enhance its services and capabilities over time.
Achilles’ continued international growth is supported by Bridgepoint, its majority shareholder, which partnered with the business in 2021.
Matt Legg, Partner at Bridgepoint, said, “We are delighted to support Achilles as it continues to execute its international growth strategy. This acquisition marks another important milestone in building the company’s global scale, and will strengthen its presence in Asia-Pacific and reinforce its position as a leading global provider of supply chain risk management solutions.”
For more than 30 years, Achilles has protected organisations’ business interests and reputations by providing unrivalled levels of supply chain transparency, carbon reduction and management. Achilles is the supply chain risk, ESG and carbon management partner of choice for the world’s leading global brands.
Achilles specialises in supporting customers who require robust global supply chain resilience, risk management and reporting to comply with ESG regulations, meet investor requirements, and achieve ambitious sustainability goals.
It works with market-leading financial, industrial, commercial and governmental organisations that require serious, detailed analysis and expert insight to deliver exceptional supplier selection and reporting confidence. Operating from 22 locations worldwide, Achilles is at the forefront of the battle against climate change, a champion for social justice and human rights, and an expert in health, safety, and risk management.
