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Procurement Australia

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Namestring
Procurement Australia
Legal namestring
Procurement Australasia Ltd
Websiteurl
paltd.com.au
Company typeenum
Private
Founded yearint
1980
Descriptiontext

Procurement Australia (legal entity Procurement Australasia Ltd) is an Australian group purchasing organisation that aggregates $500M of annual customer expenditure across 25,000+ member organisations and 300+ pre-approved suppliers. Founded in 1980 and headquartered in Melbourne, the company delivers competitively tendered contracts across 16+ spend categories including travel, energy and utilities, fleet and automotive, IT, food services, office products, property services, insurance, and recruitment. It is a prescribed entity under the Local Government Act in Victoria and NSW, and operates all tenders under an ISO 9001:2015-certified quality management system. Member organisations span five primary verticals: Local Government, Education, Health & Aged Care, Not for Profit, and Commercial & Industrial.

The company sells primarily through a sector-led direct sales model, with dedicated General Managers for each vertical and a self-serve member portal called Procurement Gateway. Its product surface has expanded beyond contracted procurement into digital tools such as PA Navigator (a navigation/recommendation tool that surfaces relevant contracts and suppliers based on user inputs) and a Savings Calculator. In February 2026, Procurement Australia acquired the YÜME food redistribution platform technology and data assets following Yume Food Australia's liquidation, extending its portfolio into surplus-food management while explicitly excluding the prior operating liabilities. Documented outcomes include 20–40% insurance premium savings (vs. a 6–11% market average), up to 25% savings on travel, and case-study wins including $6.7M (44%) insurance savings for a large independent school group and $5M+ savings for a Catholic school network.

Procurement Australia is privately held with no external private equity or venture capital ownership disclosed. Revenue mechanics appear to combine membership fees, supplier rebates, and admin/marketing fees on managed spend, with pricing not publicly disclosed. The organisation is led by CEO Mans Bassi, CFO/CIO Ancila Desai, and a board chaired by Tricia Klinger, and operates with a lean 11–50-person headcount that leverages its supplier and member scale rather than a large internal sales force.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersMelbourne, Australia
HQ citystring
Melbourne
HQ countrystring
Australia
HQ regionstring
Oceania
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
group purchasing organization, procurement services, contract management, supplier panel management, collective buying
Industry7 codes
1Procurement Platforms, Catalogs & Contract Purchasing (Co-ops, GPOs, eProcurement)
CodeEDAEAIAOPrimaryYes
2Public Procurement & Contracting
CodeBPAIAEAEPrimaryNo
3Catalog & eProcurement Enablement (Punchout, Item Master)
CodeBPAAAJAIPrimaryNo
4Compliance, Risk & Supplier Due Diligence (KYC/ESG/Sanctions)
CodeBPAAAJAKPrimaryNo
5Public Health Contracts, Procurement & Vendor Management
CodeHLAJALAEPrimaryNo
6Procurement, Vendor & Contract Administration
CodeEDADAKAOPrimaryNo
7Procurement & Strategic Sourcing
CodeBPAHAHABPrimaryNo
NAICS code1 code
  • Other Professional Equipment and Supplies Merchant Wholesalers42349
SIC code1 code
  • Services-Help Supply Services7363
Product category
Procurement Services (Group Purchasing Organization)
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Membership-based procurement services
TypeManaged Services
Description

Procurement Australia acts as a purchasing body/collective buying organization for members across government, education, health, not-for-profit, and commercial sectors. The organization manages procurement contracts and provides access to pre-approved supplier networks, enabling cost savings through collective purchasing power. They manage $500 million in customer expenditure annually.

paltd.com.au
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Pricing details2 tiers
1Travel services with up to 25% savings on airfare and hotels
ModelOtherBilling cadencePay-as-you-go
Notes

Travel solution offers: up to 25% savings on airfare costs, up to 25% savings on hotel accommodation, discounted car hire rates from $44.07 per day. Total travel spend reported: $53.1M with $6.37M total savings (12% average savings) for 2024-25.

paltd.com.au
2Insurance services with 20-40% premium savings demonstrated
ModelOtherBilling cadenceAnnual
Notes

Insurance tender process demonstrates 20-40% premium savings. Case study shows $6.7M savings (44%) for independent school group. Catholic network of schools achieved over 40% ($5M+) reduction in collective premium spend.

paltd.com.au
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Procurement Australia acts as a group purchasing organisation that negotiates and manages competitively tendered procurement contracts on behalf of its 25,000+ member organisations. Members access pre-approved suppliers and negotiated rates across categories including travel, energy, food services, fleet, IT, office products, property services, insurance, and recruitment via the Procurement Gateway member portal. The organisation manages approximately $500 million in annual customer expenditure through 300+ supplier partnerships.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 5 values shown
  • 20-40% savings on insurance premiums vs 6-11% market average
+4 more records
Product overview1 text field

Procurement Australia operates as a group purchasing organisation offering a portfolio of contracted procurement solutions across multiple categories, supported by an online member portal (Procurement Gateway). The core offering consists of pre-tendered, competitively priced contracts for goods and services including travel, energy, food services, fleet and automotive, IT products and services, office supplies, property/facilities management, insurance, and business services. Supporting digital tools include PA Navigator (intelligent contract navigation) and a Savings Calculator. The company recently expanded its technology portfolio through the acquisition of the Yume food redistribution platform (March 2026), adding surplus stock management and food waste reduction capabilities to its portfolio. All tenders and contracts are managed under an ISO 9001:2015-certified quality management system.

Product and service15 records
1Travel Solutions
CategoryProcurement services - Travel
2Energy & Utilities
CategoryProcurement services - Energy
3Fleet & Automotive
CategoryProcurement services - Fleet
4Property Services
CategoryProcurement services - Property
5Food Services
CategoryProcurement services - Food
6Insurance Services
CategoryProcurement services - Insurance
7Asset & Infrastructure
CategoryProcurement services - Infrastructure
8Business Services
CategoryProcurement services - Business support
9Yume Food Redistribution Platform
CategoryProcurement technology - Food redistribution
10Temporary & Permanent Recruitment
CategoryProcurement services - Recruitment
11Information Technology Products/Services Contract
CategoryProcurement services - IT
12Bulk Fuels & Fuel Cards Contract
CategoryProcurement services - Fuels
13Office Products & Workplace Consumables Contract
CategoryProcurement services - Office supplies
14Traffic Management Equipment Contract
CategoryProcurement services - Traffic infrastructure
15Procurement Gateway Member Portal
CategoryProcurement technology - Member portal
Scale indicator7 records

Each record includes

Type, Value, Description, Source

Partnership5 partners
Strategic tierCoreTypeTechnology or IntegrationAnnounced on2025-11-09
Description

Added to Procurement Australia's IT Procurement Panel under Contract 2706-0714, covering IT hardware, software, services, finance, telecommunications, and multifunctional devices. The panel runs from July 2025 through 30 June 2027, providing Fujifilm BI Australia access to Procurement Australia's member organizations under pre-approved rates.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Prominent dairy and beverage brands available through Food Services solution, sourced from suppliers with long-standing partnership with Bega since 2009

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Long-standing partnership since 2009 for dairy and beverage supply through Food Services solution

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Trusted long-term partner delivering Office Products & Workplace Consumables contract, covering every possible office product need from pens and paper through to kitchen supplies

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Airlines providing exclusive rates for travel solution, offering up to 25% savings on airfare costs with flexible ticketing options and group travel discounts

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Australian procurement body for NSW councils, providing tendered contracts and supplier panels. Direct peer: both are Australian GPOs aggregating public sector buyers to negotiate supply contracts, though LGP is NSW-focused while Procurement Australia spans multiple states.

TypeRegional player
Description

NSW state health entity that consolidates procurement for NSW Health. Comparable because it performs the same collective-buying function as Procurement Australia in the health sector, but operates as a state-government instrumentality within a single jurisdiction.

TypeRegional player
Description

Victorian statutory body that procures health goods and services on behalf of public hospitals. Comparable to Procurement Australia's Health & Aged Care vertical — same collective procurement model, but limited to the Victorian health system.

TypeBroad incumbent
Description

Largest US healthcare-focused GPO, providing contract aggregation and analytics to hospitals and health systems. A much larger, established incumbent in the same collective-procurement model that Procurement Australia applies to its Health & Aged Care vertical.

TypeBroad incumbent
Description

US healthcare GPO and supply chain operator serving hospitals, health systems, and other providers. Comparable to Procurement Australia as a member-driven collective buying organization, but at far greater scale and with deeper data analytics and clinical benchmarking.

TypeBroad incumbent
Description

Global procurement and supplier management SaaS platform now part of SAP. Comparable because it serves the same procurement function Procurement Australia addresses — sourcing, contracts, supplier management — but as a broader digital platform rather than a GPO contract aggregator.

TypeBroad incumbent
Description

Cloud-based business spend management platform covering procurement, invoicing, and expense management. Comparable as a procurement technology incumbent competing for the same mid-market and enterprise procurement modernization budgets that Procurement Australia's members face.

TypeBroad incumbent
Description

Enterprise procurement and supplier management platform with sourcing, contract lifecycle, and supplier management modules. Comparable as a digital procurement suite that overlaps with Procurement Australia's PA Navigator / Procurement Gateway offering, but at far larger enterprise scale.

TypeBroad incumbent
Description

Major Australian office supplies and workplace solutions distributor (formerly Staples Australia). Comparable as a distribution-side incumbent in one of Procurement Australia's key contracted categories (office products & workplace consumables), with broader product breadth and direct customer relationships.

TypeOthers
Description

Australian office supplies distributor and long-standing Procurement Australia channel partner delivering the Office Products & Workplace Consumables contract. Relevant as an adjacent channel/distribution peer rather than a direct competitor, since COS operates downstream of Procurement Australia's contracting layer.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers7 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile5 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles6 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance1 record

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Procurement Australia

Procurement Services (Group Purchasing Organization)paltd.com.au

What Procurement Australia does

Procurement Australia (legal entity Procurement Australasia Ltd) is an Australian group purchasing organisation that aggregates $500M of annual customer expenditure across 25,000+ member organisations and 300+ pre-approved suppliers. Founded in 1980 and headquartered in Melbourne, the company delivers competitively tendered contracts across 16+ spend categories including travel, energy and utilities, fleet and automotive, IT, food services, office products, property services, insurance, and recruitment. It is a prescribed entity under the Local Government Act in Victoria and NSW, and operates all tenders under an ISO 9001:2015-certified quality management system. Member organisations span five primary verticals: Local Government, Education, Health & Aged Care, Not for Profit, and Commercial & Industrial.

The company sells primarily through a sector-led direct sales model, with dedicated General Managers for each vertical and a self-serve member portal called Procurement Gateway. Its product surface has expanded beyond contracted procurement into digital tools such as PA Navigator (a navigation/recommendation tool that surfaces relevant contracts and suppliers based on user inputs) and a Savings Calculator. In February 2026, Procurement Australia acquired the YÜME food redistribution platform technology and data assets following Yume Food Australia's liquidation, extending its portfolio into surplus-food management while explicitly excluding the prior operating liabilities. Documented outcomes include 20–40% insurance premium savings (vs. a 6–11% market average), up to 25% savings on travel, and case-study wins including $6.7M (44%) insurance savings for a large independent school group and $5M+ savings for a Catholic school network.

Procurement Australia is privately held with no external private equity or venture capital ownership disclosed. Revenue mechanics appear to combine membership fees, supplier rebates, and admin/marketing fees on managed spend, with pricing not publicly disclosed. The organisation is led by CEO Mans Bassi, CFO/CIO Ancila Desai, and a board chaired by Tricia Klinger, and operates with a lean 11–50-person headcount that leverages its supplier and member scale rather than a large internal sales force.

Procurement Australia firmographics

Firmographics
Name
Procurement Australia
Legal name
Procurement Australasia Ltd
Website
https://paltd.com.au
Company type
Private
Founded year
1980
Operating status
Operating
Headcount range
11–50 employees
Ownership category
akta.pro rank

Procurement Australia industry classification

Industry
Product category
Procurement Services (Group Purchasing Organization)
NAICS
Other Professional Equipment and Supplies Merchant Wholesalers (42349)
SIC
Services-Help Supply Services (7363)
akta.pro primary industry
Procurement Platforms, Catalogs & Contract Purchasing (Co-ops, GPOs, eProcurement) (EDAEAIAO)
akta.pro secondary industries
Public Procurement & Contracting (BPAIAEAE), Catalog & eProcurement Enablement (Punchout, Item Master) (BPAAAJAI), Compliance, Risk & Supplier Due Diligence (KYC/ESG/Sanctions) (BPAAAJAK), Public Health Contracts, Procurement & Vendor Management (HLAJALAE), Procurement, Vendor & Contract Administration (EDADAKAO), Procurement & Strategic Sourcing (BPAHAHAB)

Keywords

  • Group purchasing organization
  • Procurement services
  • Contract management
  • Supplier panel management
  • Collective buying

Where Procurement Australia is headquartered

Location

Headquarters

HQ city
Melbourne
HQ country
Australia
HQ region
Oceania

Offices2 records

Markets served

Procurement Australia business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

  1. Membership-based procurement services: Procurement Australia acts as a purchasing body/collective buying organization for members across government, education, health, not-for-profit, and commercial sectors. The organization manages procurement contracts and provides access to pre-approved supplier networks, enabling cost savings through collective purchasing power. They manage $500 million in customer expenditure annually.

Pricing tiers

ModelBillingPrice
OtherPay-as-you-goTravel services with up to 25% savings on airfare and hotels
OtherAnnualInsurance services with 20-40% premium savings demonstrated

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Procurement Australia product offering

Product offering

Core offering

Procurement Australia acts as a group purchasing organisation that negotiates and manages competitively tendered procurement contracts on behalf of its 25,000+ member organisations. Members access pre-approved suppliers and negotiated rates across categories including travel, energy, food services, fleet, IT, office products, property services, insurance, and recruitment via the Procurement Gateway member portal. The organisation manages approximately $500 million in annual customer expenditure through 300+ supplier partnerships.

Product overview

Procurement Australia operates as a group purchasing organisation offering a portfolio of contracted procurement solutions across multiple categories, supported by an online member portal (Procurement Gateway). The core offering consists of pre-tendered, competitively priced contracts for goods and services including travel, energy, food services, fleet and automotive, IT products and services, office supplies, property/facilities management, insurance, and business services. Supporting digital tools include PA Navigator (intelligent contract navigation) and a Savings Calculator. The company recently expanded its technology portfolio through the acquisition of the Yume food redistribution platform (March 2026), adding surplus stock management and food waste reduction capabilities to its portfolio. All tenders and contracts are managed under an ISO 9001:2015-certified quality management system.

Differentiator

Problem solved

Functional benefit

Products and services

  • Travel Solutions
  • Energy & Utilities
  • Fleet & Automotive
  • Property Services
  • Food Services
  • Insurance Services
  • Asset & Infrastructure
  • Business Services
  • Yume Food Redistribution Platform
  • Temporary & Permanent Recruitment
  • Information Technology Products/Services Contract
  • Bulk Fuels & Fuel Cards Contract
  • Office Products & Workplace Consumables Contract
  • Traffic Management Equipment Contract
  • Procurement Gateway Member Portal

Quantifiable outcome

  • 20-40% savings on insurance premiums vs 6-11% market average
  • +4 more outcomes

Companies that use Procurement Australia

Customer profile

Named customers7 records

Segments5 records

Ideal customer profiles5 records

Procurement Australia technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

Procurement Australia partnerships and signals

Strategic signal

Partnerships

Five partnerships are on record, tiered core.

  • Fujifilm Business Innovation AustraliacoreTechnology or Integration · 9 November 2025Added to Procurement Australia's IT Procurement Panel under Contract 2706-0714, covering IT hardware, software, services, finance, telecommunications, and multifunctional devices. The panel runs from July 2025 through 30 June 2027, providing Fujifilm BI Australia access to Procurement Australia's member organizations under pre-approved rates.
  • Dairy Farmers, Pura, Masters, Dare, Yoplait, Daily Juice, Just JuicecoreChannel Partner/ Reseller/ DistributorProminent dairy and beverage brands available through Food Services solution, sourced from suppliers with long-standing partnership with Bega since 2009
  • BegacoreStrategic or Co-development PartnerLong-standing partnership since 2009 for dairy and beverage supply through Food Services solution
  • Complete Office Solutions (COS)coreChannel Partner/ Reseller/ DistributorTrusted long-term partner delivering Office Products & Workplace Consumables contract, covering every possible office product need from pens and paper through to kitchen supplies
  • Qantas, Virgin Australia, Emirates, Qatar, British Airways, Singapore Airlines, New ZealandcoreChannel Partner/ Reseller/ DistributorAirlines providing exclusive rates for travel solution, offering up to 25% savings on airfare costs with flexible ticketing options and group travel discounts

Scale indicators7 records

Recent moves5 records

Expansion highlights5 records

Procurement Australia competitors and assessment

Company assessment

Direct peers

  • Local Government Procurement (LGP): Australian procurement body for NSW councils, providing tendered contracts and supplier panels. Direct peer: both are Australian GPOs aggregating public sector buyers to negotiate supply contracts, though LGP is NSW-focused while Procurement Australia spans multiple states.

Regional players

  • HealthShare NSW: NSW state health entity that consolidates procurement for NSW Health. Comparable because it performs the same collective-buying function as Procurement Australia in the health sector, but operates as a state-government instrumentality within a single jurisdiction.
  • Health Purchasing Victoria: Victorian statutory body that procures health goods and services on behalf of public hospitals. Comparable to Procurement Australia's Health & Aged Care vertical — same collective procurement model, but limited to the Victorian health system.

Broad incumbents

  • Vizient: Largest US healthcare-focused GPO, providing contract aggregation and analytics to hospitals and health systems. A much larger, established incumbent in the same collective-procurement model that Procurement Australia applies to its Health & Aged Care vertical.
  • Premier Inc: US healthcare GPO and supply chain operator serving hospitals, health systems, and other providers. Comparable to Procurement Australia as a member-driven collective buying organization, but at far greater scale and with deeper data analytics and clinical benchmarking.
  • SAP Ariba: Global procurement and supplier management SaaS platform now part of SAP. Comparable because it serves the same procurement function Procurement Australia addresses — sourcing, contracts, supplier management — but as a broader digital platform rather than a GPO contract aggregator.
  • Coupa Software: Cloud-based business spend management platform covering procurement, invoicing, and expense management. Comparable as a procurement technology incumbent competing for the same mid-market and enterprise procurement modernization budgets that Procurement Australia's members face.
  • Jaggaer: Enterprise procurement and supplier management platform with sourcing, contract lifecycle, and supplier management modules. Comparable as a digital procurement suite that overlaps with Procurement Australia's PA Navigator / Procurement Gateway offering, but at far larger enterprise scale.
  • WINC Australia: Major Australian office supplies and workplace solutions distributor (formerly Staples Australia). Comparable as a distribution-side incumbent in one of Procurement Australia's key contracted categories (office products & workplace consumables), with broader product breadth and direct customer relationships.

Others

  • Complete Office Solutions (COS): Australian office supplies distributor and long-standing Procurement Australia channel partner delivering the Office Products & Workplace Consumables contract. Relevant as an adjacent channel/distribution peer rather than a direct competitor, since COS operates downstream of Procurement Australia's contracting layer.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Procurement Australia social profiles

Digital presence

Procurement Australia compliance and trust

Trust signal

Compliance1 record

Procurement Australia financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Procurement Australia leadership team

Management profile

Number of profiles

Profiles6 records

Procurement Australia funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Procurement Australia M&A and investment

M&A and investment

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Procurement Australia

What does Procurement Australia do?

Procurement Australia acts as a group purchasing organisation that negotiates and manages competitively tendered procurement contracts on behalf of its 25,000+ member organisations. Members access pre-approved suppliers and negotiated rates across categories including travel, energy, food services, fleet, IT, office products, property services, insurance, and recruitment via the Procurement Gateway member portal. The organisation manages approximately $500 million in annual customer expenditure through 300+ supplier partnerships.

Is Procurement Australia a public or private company?

Procurement Australia is a private company. It is classified as unknown and is currently operating.

When was Procurement Australia founded?

Procurement Australia was founded in 1980. It employs 11 to 50 people.

Where is Procurement Australia based?

Procurement Australia is headquartered in Melbourne, Australia, in the Oceania region.

How does Procurement Australia make money?

One revenue line is on record: membership-based procurement services.

Who are Procurement Australia's main competitors?

Local Government Procurement (LGP) is listed as a direct peer. Regional players are HealthShare NSW and Health Purchasing Victoria. Broad incumbents are Vizient, Premier Inc, SAP Ariba, Coupa Software, Jaggaer and WINC Australia. Complete Office Solutions (COS) is listed as an others.

Does Procurement Australia have an API?

No public API is recorded for Procurement Australia.

What industry is Procurement Australia in?

Procurement Australia's product category is Procurement Services (Group Purchasing Organization). Its primary akta.pro industry code is EDAEAIAO, Procurement Platforms, Catalogs & Contract Purchasing (Co-ops, GPOs, eProcurement), with a secondary code of BPAIAEAE, Public Procurement & Contracting. Its NAICS code is 42349 and its SIC code is 7363.

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Live signals
Food & Drink BusinessYume acquired by Procurement AustraliaYume Food Australia, a food redistribution platform that went into liquidation in November 2025, has been acquired by Procurement Australia. The acquisition covers only the Yume platform's technology, data assets, and capabilities — Procurement Australia has not acquired the former operating business or any historical trading liabilities. Founded in 2015, Yume had returned $30 million to Australian businesses, redistributed 11.5 million kilograms of quality food, and raised a total of $7 million in capital.YumefoodYÜME Platform Acquired by Procurement Australia — Yume Food AustraliaProcurement Australia has acquired the YÜME technology platform, including its underlying technology, data assets, and platform capabilities, and will re-establish and operate the platform under its ownership. The acquisition does not include the former YÜME operating business or any historical trading liabilities. YÜME will continue focusing on helping organisations manage surplus stock while ensuring continuity for partners and building a more resilient platform.ARNFujifilm BI Australia added to IT procurement panel – ARNFujifilm Business Innovation Australia has been added to Procurement Australia's IT Procurement Panel under Contract 2706-0714, covering IT hardware, software, services, finance, telecommunications, and multifunctional devices. The panel runs from July through 30 June 2027, providing Fujifilm BI Australia access to Procurement Australia's member organizations under pre-approved rates. Fujifilm BI Australia's general manager described the placement as a significant milestone for its digital transformation business offerings.