July 3 2023, David R Brown
Barentz acquires the Trade Assets of nutraceutical ingredients distributor Biogredia
Barentz International has acquired the trade assets of Biogredia, a Norwegian-based distributor of premium, branded functional ingredients to the European nutritional supplement & sports nutrition markets, and its wholly owned subsidiaries Biogredia Sweden and Biogredia UK.
After the acquisition of Natural Ingredients last year, we started a separate business line for Nutraceuticals. Biogredia fits perfectly in the next step in our strategy.
Hidde van der Wal
CEO of Barentz
The acquisition of Biogredia follows Barentz's acquisition of Natural Ingredients in France in December 2022 and will significantly strengthen Barentz' value-added product offering of premium, branded nutraceutical ingredients. This aligns with Barentz' strategy to further grow in the nutraceuticals markets globally and presents a strategic opportunity to further strengthen and establish Barentz' European nutraceutical business line in Northern-Europe, UK and Ireland.
Biogredia's trade assets will be integrated in to the Barentz EMEA operating structure with Biogredia's trade name to continue to exist for a pre-defined period. Bengt Hansson, founder of Biogredia, will continue to play a key role in further growing the business post-acquisition.
Hidde van der Wal, CEO of Barentz, commented: “After the acquisition of Natural Ingredients last year, we started a separate business line for Nutraceuticals. Biogredia fits perfectly in the next step in our strategy. Bengt Hansson and his team believe in the same business principles as Barentz and together we will grow our position as a premium distributor in the important and attractive nutraceutical segment.”
Bengt Hansson, Founder of Biogredia added: “Our team indeed operates in line with the same business values as Barentz and their nutraceutical business approach for EMEA offers a lot of chances for further growth, together. Our Barentz portfolio will be impressive and strong. We are looking forward to entering this new era as part of Barentz, a great global company and strong brand.”
About Barentz
Barentz is a leading global life science ingredients distributor. The company sources branded specialty ingredients from leading manufacturers worldwide. Their team of ingredient experts provide value-added technical support which includes pre-mixing, blending, ingredients 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 70 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 €2.5 billion, the company employs around 2,500 people worldwide and serves over 22,000 customers.
Source(s): Barentz Press Release
Further Information
Visit: https://www.barentz.com