The marketplace will serve participants of all sizes from every facet of the food industry, including buyers and suppliers of oil, sugar, colorings, packaging, chemicals, freight and everything in between. It will also allow us to add more services and easily plug in new applications as needed. About Novopoint Novopoint is an independent B2B exchange for food and beverage suppliers and manufacturers. The majority of equity ownership will be held by companies recognized as industry leaders. Cargill, an international marketer, processor and distributor of agricultural, food, financial and industrial products and services, is a founding minority investor in Novopoint.
Discussions are underway with other prospective investors.
Novopoint's technology partner Ariba will provide the technology platform for the exchange. TIB technology was first used to digitize Wall Street and has since been adopted in diverse industries including telecommunications, electronic commerce, manufacturing and energy. Actual results could differ materially from those projected in such forward-looking statements. Webmaster Use of this site indicates that you accept the Terms of Use .