Dutch Specialty Chemicals Distributor Barentz takes on Equity Partner
Ingredients and additives distributor Barentz International B.V. (Hoofddorp, The Netherlands), recently announced that the company has added a new equity partner. The name of the investor, a “renowned family office” was not disclosed.
According to a statement from CEO Hidde van der Waal, the company plans to use the additional funds to “increase geographical reach and expand the product portfolio in order to achieve critical mass and realise economies of scale” in order participate in the industry consolidation it expects to continue in the coming years.
Source: Barentz website
HGE – DCG / 26.03.2015