Netherlands-based Life Science Ingredients Distributor further enhances Presence in North America
Life science ingredients distributor Barentz International N.V. (Hoofddorp, The Netherlands) announced that it has acquired Pestell Nutrition (New Hamburg, ON – Canada), a distributor of feed additives, nutritional ingredients, macro and trace minerals, and pet specialty ingredients for the Animal Health, Animal Nutrition, and Pet Food sectors across Canada and the USA.
Barentz said the company has a significant position in Canada, and is on a fast-growing expansion into the U.S. Animal Nutrition market. It reached an annual turnover of approx. EUR 200 mn in 2020, shipping from over 20 warehouses and transloading facilities throughout North America.
The acquisition is subject to customary closing conditions including merger control clearances. No financial details were disclosed on the transaction.
Source: Barentz press release
HGE – DCG / 12.07.2021