Tag Archives: Feed Industry

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

Barentz to acquire Majority Stake in Austrian Distributor Noack

Netherlands-based Life Science Ingredients Distributor enhances Presence in Central & Eastern Europe

Life science ingredients distributor Barentz International N.V. (Hoofddorp, The Netherlands) announced that it has acquired a majority stake in Noack Group (Vienna, Austria), a specialized distributor of ingredients for the Animal Nutrition and Feed industry. In addition, the company serves the Food and Veterinary industry with a wide range of agrofood and veterinary diagnostic test systems.

 

Founded 1980 in Switzerland as a trading company involved in bartering transactions, and today headquartered in Vienna, Noack posted a turnover of EUR 60 mn in 2020. With more than 130 employees, the group has an extensive presence in Austria, Bulgaria, Croatia, Czech Republic, Hungary, Poland, Romania, Russia, Serbia, Slovakia and Slovenia. In the adjacent smaller countries, such as Northern Macedonia, Bosnia & Hercegovina and Moldavia, Noack cooperates with local partners, Barentz said in the announcement. 

 

The acquisition is subject to customary closing conditions, including regulatory and merger control approvals. No financial details were disclosed on the transaction.

 

Source: Barentz press release, Noack Group website

 

HGE – DCG / 01.03.2021

Barentz to acquire Sevecom S.p.A. in Italy

Netherlands-based Life Science Ingredients Distributor enhances its Position in Animal Nutrition with further “Buy & Build” Deal

Life science ingredients distributor Barentz International N.V. (Hoofddorp, The Netherlands) announced that it has acquired Sevecom S.p.A. (Milano, Italy), a distributor of Animal Feed ingredients and additives, particularly Emulsifiers, for an undisclosed sum.

 

Founded in 1978 by Nazzaro Serino and Enrico Pigorini, Sevecon provides a range of ingredients and additives to the feed industry and to livestock breeders. The company has a range of own developments and patented formulations. According to the announcement “Sevecom’s small team of specialists is well known for its deep knowledge and technical solutions, delivering products with high nutritional and high technological value at the same time.”

 

Driving force behind the transaction is the plan to “further strengthen [the] position in the Animal Nutrition market, and its ‘buy-and-build’ strategy to achieve global leadership in life science ingredients markets”, Barentz said in a statement.

 

Source: Barentz press release

 

HGE – DCG / 06.11.2020