News Article 2022

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June 30 2022, David R Brown

Barentz acquires specialty ingredients distributor ACE Trade in Czech Republic

Barentz International, a leading global life science ingredients distributor, has acquired ACE Trade CZ, a specialty ingredients distributor with 24 years of experience in the Czech personal care, homecare and industrial markets. Certain activities will be integrated into Barentz CZ's operations over the coming six months, whilst the current ACE Trade management oversees a smooth transition. ACE Trade CZ will continue to operate under its own name and entity for a limited period of time.

ACE Trade CZ has built a very strong position as distributor in the Czech Republic market

Pavel Kratochvil
Executive vice president of Barentz CZ

The acquisition strengthens Barentz' presence in the Czech Republic, particularly in the personal care, homecare and industrial performance materials market segments, in addition to some activities in the human nutrition market. The addition of ACE Trade also further extends Barentz CZ’s strong local network of logistic centers and application laboratories.

Pavel Kratochvil, Executive vice president of Barentz CZ, commented: “ACE Trade CZ has built a very strong position as distributor in the Czech Republic market. They have proven their added value, particularly in the personal care and homecare markets, where they have shown great results in developing customized formulations. Their focus on knowledge and entrepreneurship strongly connects with our Barentz business principles and values. We warmly welcome their team and are dedicated to ensuring a smooth integration of people and business, with the help of Mr. Aleš Motyčka, the current managing director.”

About Barentz
Barentz is a leading global life science ingredients distributor. The company sources branded specialty ingredients from leading manufacturers worldwide and its ingredient experts provide value-added technical support which includes pre-mixing, blending, ingredient formulation and ingredient testing from its state-of-the-art, customized formulation centers and application laboratories in EMEA, North America, South America and Asia-Pacific.

Established in 1953, Barentz has operations in more than 65 countries with a strong presence in Europe and North America, and a rapidly growing network in Latin America and Asia-Pacific. With a turnover of €2.1 billion est. 2022, the company employs around 2.000 people worldwide and serves over 22,000 customers.

Source(s): Barentz Press Release

Further Information

Visit: https://www.barentz.com