Barentz Expands its UK Presence
Netherlands-based ingredients supplier Barentz Europe has acquired Forum Products of the UK. The deal significantly expands Barentz’s market presence in the UK, adding a strong ingredient distributor position in the pharmaceutical, food and animal nutrition markets to its current business. The acquisition fits Barentz’ strategy to become a pan-European leader in the distribution of specialty ingredients.
By the acquisition of Forum, Barentz will achieve a strong and leading distributor’s position in the UK with a focus on life-science ingredients such as functional foods, supplements, food and pharmaceutical ingredients and additives. Based at Redhill, Forum Products has two international offices, in Ireland and India, and a turnover of about Eur90 million.
Barentz is present in 26 countries in Europe, employs more than 400 personnel and has an estimated turnover of about Eur650 million. With the acquisition of Forum and the recent purchase of a major stake in the German Rewe Food Ingredients (RFI), Barentz expects to expand turnover to Eur900 million in 2012.
