SCM World Receives Investment from Octopus Investments

smcworldSCM World, a London, UK-based supply chain talent development platform provider, received a debt and equity investment from Octopus Investments.

The amount of the transaction was not disclosed. With it, Octopus acquired a minority stake in the business.

Led by Oliver Sloane, CEO, SCM World provider large companies with a supply chain talent development platform to empower professionals with the capability, commitment and confidence to drive greater positive impact on business performance and solve such fundamental challenges as health, hunger and environmental sustainability.
The company’s community leverages the knowledge of supply chain practitioners, research, best-practice exchanges, peer networking and events. Over 150 companies participate in and contribute to the SCM World community, including P&G, Unilever, Nestlé, Samsung, Lenovo, Cisco, Merck, Caterpillar, Nike, Raytheon, Chevron, Shell and BASF.

The company has an office in Boston.

Following the investment from Octopus, Jonathan Bennett, founder-shareholder of SCM, will step down from his role as Chief Operating Officer. Sloane will retain his position as CEO and Ian Potter and Grant Paul-Florence of Octopus will join the board of SCM World.



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