CoVest Sourcing Network Opens European Office

MAYFAIR, U.K. - Jan. 20, 2021 - PRLog -- CoVest Sourcing Network, a leading Group Purchasing Organization focused on serving large corporations, announced the recent global expansion of the company with the addition of an office in London. This expansion positions the company to better serve its members in global markets and provide strategic sourcing solutions worldwide.

In addition to the company's corporate headquarters in Cleveland, Ohio, this new office supports the planned expansion of the CoVest brand in the European marketplace. With many of its large corporate members based in the U.S. and operations globally, this addition allows the company to expand category offerings and services to support member operations outside of the North American market.

CoVest is a horizontal, indirect spend GPO with a heavy focus on MRO (Maintenance, Repair and Operations). With an emphasis on MRO, CoVest's indirect category coverage widely applies to most industrial, manufacturing and production-based large companies. These leveraged contracts in commoditized categories span three platforms including MRO, Office Supplies and Services, and HR Benefits and Travel.

"Growing our footprint and continuing to develop our service offerings are a part of our long-term growth strategy," said Dan Anzevino, Chief Operating Officer and Executive Vice President of CoVest. "We are looking forward to providing additional platforms, categories, services and more of a global reach in 2021 and beyond."

"CoVest is excited to move forward on this decision as it has always been part of our vision," said John Andrica, Chief Executive Officer of CoVest. "With this new office addition in the Mayfair neighborhood of London and an expanding team, we are poised for accelerated growth across our membership and various markets."

Website: http://www.covest.com

About: CoVest is a Group Purchasing Organization focused on large corporations, founded on partnership, transparency, and providing value-added services. We enable members to realize significant cost savings through the utilization of our supplier agreements that drive down costs for indirect categories by leveraging the collective purchasing power of member companies. CoVest provides best-in-class pricing to our members through these negotiated supplier agreements.