Tag Archives: Majority Stake

Barentz appoints Derk-Jan Terhorst as new CFO

Senior Management Change at Netherlands-based Life Science Ingredients Distributor

Life science ingredients distributor Barentz International N.V. (Hoofddorp, The Netherlands) announced that it appointed Derk-Jan Terhorst the company’s Chief Financial Officer (“CFO”) and as a Member of the Board, starting from 01. September 2021. 

 

According to the announcement, Derk-Jan has significant experience in international financial management, having worked for Ahold Delhaize for over 15 years including as CFO in Central Europe and as CFO for Stop & Shop in MA, USA. Most recently he was Chief Financial Officer at Tony’s Chocolonely.

 

Following this appointment, Jos van der Linden will step down as CFO and Board Member after 24 years.

 

Source: Barentz press release

 

HGE – DCG / 29.07.2021

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