September 25 2023, David R Brown
Barentz to acquire API and ingredients distributor, Unijaya in Indonesia
Barentz International, a leading global life science and specialty performance ingredients distributor, has entered into a binding agreement to acquire the pharmaceutical and human nutrition business of Unijaya, a fully licensed pharmaceutical distributor of specialty active pharmaceutical ingredients (API's) and functional food ingredients, located in Jakarta, Indonesia.
We are excited about the new opportunities this presents in Asia Pacific, which aligns with Barentz's ongoing aspiration for growth in the region
Hidde van der Wal
CEO of Barentz
The addition of Unijaya will complement Barentz's existing operations with a regulated pharmaceuticals business and is expected to provide synergetic growth opportunities in Indonesia and across Asia Pacific territories. The acquisition is an important step towards offering a complete suite of life science ingredient solutions in one of the largest economies in South-East Asia and will significantly strengthen Barentz's value-add product offering of APIs as well as food ingredient solutions. The transaction is subject to the completion of legal and specified contractual closing conditions.
Hidde van der Wal, CEO of Barentz, commented: “Unijaya's highly experienced team with extensive knowledge of the pharmaceutical and human nutrition industries, combined with an impressive product portfolio, will bolster our existing offering in the Indonesian market. We are excited about the new opportunities this presents in Asia Pacific, which aligns with Barentz's ongoing aspiration for growth in the region. I warmly welcome the Unijaya team to Barentz.”
Agus Widjaja, Founder of Unijaya agreed, adding: “I am proud that Unijaya is playing an important role in strengthening Barentz's existing operations, as they embrace a new portfolio of specialty active pharma and functional food ingredients in Indonesia, one of the fastest growing and largest economies in South-East Asia. I wish Barentz and the team the very best.”
Unijaya's registered head office and warehouse are located in Jakarta and the company employs 40 people. Agus Widjaja, the founder of Unijaya, will continue to lead the company once the acquisition is completed.
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