December 21 2017, David R Brown
Barentz International acquires Soforebo to strengthen animal protein offer in the Balkans region
Barentz, an international leader in the distribution of high-quality ingredients, has acquired Serbian functional protein supplier Soforebo-Commerce d.o.o. to expand its market share in the Balkans. The deal complements Barentz's current functional protein portfolio which includes water lentil protein (lemnaceae), pea, wheat gluten, soy, whey and caseinates, collagen, rice protein and lupin.
Soforebo's market share and products, especially their role as distributors of Essentia's animal proteins product range, bring synergy effects for Barentz business in the BalkansGeert Ingelbert
Vice President, Barentz Food & Nutrition
“Soforebo's market share and products, especially their role as distributors of Essentia's animal proteins product range, bring synergy effects for Barentz business in the Balkans”, said Geert Ingelbert, Vice President, Barentz Food & Nutrition. “We already have a long-lasting partnership with Essentia in other countries, and this merger strengthens our cooperation and makes Barentz very strong in the animal protein field.”
Tiedo de Boer, founder and former CEO of Soforebo said: “The merger with Barentz opens the opportunity to continue to expand the business that we have established over the past 24 years, and we are very pleased with this consolidation”.
No jobs are anticipated being lost as a result of the acquisition although the current shareholders of Soforebo will either retire or resign.
About Barentz International
The Barentz group (est. 1953) is an international leader in sales, marketing and distribution of high-quality ingredients. Operating in the food & nutrition, pharmaceutical, personal care and animal nutrition through its sales divisions and specialised, dedicated companies, Barentz has over 750 employees and serves some 15,000 customers in over 60 countries worldwide. The company is still privately owned and has its head office close to Amsterdam in The Netherlands. With its heritage and focus on the European market, Barentz is also rapidly growing in the MEA and Asia Pacific region.
Source(s): Barentz Press Release