Tag Archives: Animal Health

IMCD to acquire Indonesian Distributor PT Megasetia

Further enhanced Footprint in Life Sciences in the Asia-Pacific Region

Specialty chemicals and food ingredients distributor IMCD N.V. (Rotterdam, The Netherlands) has announced that IMCD Indonesia has signed an agreement to acquire 100% of the shares of PT Megasetia Agung Kimia [“Megasetia”] (Jakarta, Indonesia), a distributor of specialty ingredients for the Life Sciences sectors. The transaction will take place in two tranches, with IMCD now acquiring 70% of the share capital and the remaining 30% in 2025.


Founded in 1995, Megasetia today has three laboratories, six offices, and six warehouses across Indonesia. Its main activity is the distribution of speciality ingredients for the Pharmaceuticals Industry in Indonesia. In addition, it covers the Personal Care, Home Care, Animal Health, and certain industrial markets. With 160 employees, the company generated revenues of approximately IDR 974 bn (ca. EUR 60 mn) in 2020. It currently serves more than 1’000 customers and represents over 50 ingredients producers from around the world. IMCD said the acquistion is a an execllent fit with the groups Life Science strategy and provides a significant platform for further growth in the Life Science segments in Indonesia.

No further financial details were disclosed on the transaction, which expected to be closed in December.

Source: IMCD press release


HGE – DCG / 18.11.2021

Barentz to acquire Pestell Nutrition Inc. in North America

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