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Barentz establishes Brazil joint venture

20 Apr 2018

Ingredient distributor Barentz International continues to expand in Latin America, establishing a joint venture with Brazilian company Tovani Benzaquen Ingredients.

Barentz establishes Brazil joint venture

Ingredient distributor Barentz International continues to expand in Latin America, establishing a joint venture with Brazilian company Tovani Benzaquen Ingredients. The partnership will, Barentz says, generate valuable synergies and make the most of the two companies’ strengths on the important Latin American market.

“This is our first real entrance into Brazil, a step which fits in perfectly with our global strategy, where Latin America is an important new market,” said Hidde van der Wal, CEO of Barent International, a leading international ingredients distributor, headquartered in The Netherlands. “Brazil has recovered after some years of recession and we now see great opportunities here, both to develop the country and to grow as a company”.

Barentz already set foot in Latin America in November last year, and has recently announced a joint venture with Deltagen Group, with offices in Curacao, Venezuela, Colombia, Ecuador, Chile and Peru.

Tovani Benzaquen Ingredients, headquartered in Sao Paulo, has been a food ingredient distributor in South America since 1992.

“After 25 successful years on the Brazilian market, where our company has grown steadily year by year, time has come to take a big leap forward together with Barentz,” said Moses Benzaquen, CEO of Tovani Benzaquen Ingredients. “Barentz, strong in both food and pharma, is the perfect partner for us, to widen and optimise our product portfolio, so that we can continue to serve our customers with an even wider range of high standard ingredients.”

The two companies will also combine their know-how in product solutions to offer the food and beverage and pharma industry creative and innovative concepts.

“Tovani has a wide and experienced team of dedicated technical specialists, who offer custom-made solutions developed in their technical laboratory,” said van der Wal. “This is perfectly in-line with our strategy to develop more custom-made solutions”.