Mondra, a London-based company specializing in Scope 3 SaaS solutions for the retail sector, acquired inoqo, a premier European sustainability intelligence platform based in Vienna, in a merger valued at $14 million. The deal closed on April 30, 2026.

AcquirerMondra (GB, London)
Targetinoqo (AT, Vienna)
TypeMerger
Closing DateApril 30, 2026
Deal Value$14 million
AdvisorsNo advisors disclosed.
The merger aims to create a unified global entity dedicated to accelerating decarbonization and enhancing the resilience of the food system. Mondra, with its advanced technology and inoqo's extensive market expertise and impact database, will offer robust capabilities in product-level impact assessment, supplier engagement, and delivering scaled climate action.

Deal Mechanics

The deal is valued at $14 million and involves the acquisition of 100% of inoqo by Mondra. Financial details beyond this value were not disclosed.

Strategic Rationale

Mondra's CEO, Jason Barrett, stated that the merger represents a significant step towards achieving measurable impact at scale within the global food system. By combining Mondra’s technology with inoqo’s market knowledge and data, the new entity will provide unparalleled sustainability intelligence.

Financial Context

The combined organization will serve major grocery retailers such as Tesco, M&S, Co-op, ASDA, Lidl, Aldi, dm drogerie markt, Pets at Home, and Sainsbury’s. Additionally, it will cater to suppliers like Avara, Samworth Brothers, Greencore, Pilgrim’s, Dunbia, Cranswick, and Bakkavor, along with global brands such as Starbucks and Nando’s.

Advisors

No financial or legal advisors were disclosed for either the buy side or sell side of this merger.

Outlook

The merged entity will operate under the Mondra brand, with a high-performance team distributed globally and core hubs in London, Vienna, and India. The integration focuses on unifying product roadmaps and data systems to deliver a single AI-powered platform for transparency towards net-zero goals.