May 7 2020, David R Brown
Barentz boosts its regional presence with the acquisition of USA-based Ingredients Inc.
Barentz International has expanded its activities in taste and nutrition with the acquisition of Ingredients Inc, a developer and supplier of high-quality ingredients to food and beverage, pet food and nutraceutical manufacturers in the USA.
Ingredients Inc has an excellent national USA coverage and we see many opportunities to add our network and our solutions to the countryHidde van der Wal
CEO of Barentz International
Ingredient Inc was established in 1985 by Jim and Debbie Stewart, and is headquartered in Chicago, Illinois. With a strong position in bakery, pet food, beverage, confectionary, dairy, dressings, health and nutrition, the company mainly serves markets in USA and Canada. Ingredients Inc. has warehouse locations and distribution centers in California, Illinois, Massachusetts and Texas.
The acquisition diversifies Barentz' sources, enabling it to deliver a wider range of high-quality ingredient solutions in the USA market.
Jim Stewart, founder and managing director of Ingredients Inc is looking forward to joining Barentz. “This is a promising new route, from which both parties will immediately benefit from each other's strengths,” he remarked. “For Ingredients Inc, and for me personally, the customer-centric and entrepreneurial spirit of Barentz are of key importance. We are a family business with an extraordinary passion for our customers. We see the same attitude at Barentz: To always strive for better solutions.”
For Barentz' CEO, Hidde van der Wal, Ingredients Inc's expertise is an excellent addition to the Barentz family of life science solutions. “This is the way to bundle all the expertise and skills that we have throughout our organization towards developing and implementing innovative and suitable solutions,” he said. “Ingredients Inc has an excellent national USA coverage and we see many opportunities to add our network and our solutions to the country. It will strengthen both our presence in the USA, as well as our global network.”
Mr. Van der Wal expects rapid cooperation and results. “We share a similar corporate private culture, ensuring continuity for all employees and offering them new interesting growth perspectives,” he added.
About Barentz: 'From source to solution'
Barentz is a leading global provider of ingredients for the life sciences industries. Representing world-class suppliers from all over the world, Barentz offers customers a comprehensive portfolio of speciality ingredients, including unique specialty ingredients and blends from Barentz-owned production companies, all supported by the best technical teams and top-of-the-line application labs. Barentz operates in more than 60 countries, has a turnover of around 1.1 billion euros and employs more than 1.100 people worldwide.
Source(s): Barentz Press Release