March 09, 2017
Barentz announces the acquisition of the majority shares in Globe Ingredients, a fast growing international raw material trader and distributor based in Holland, Serbia, China and Colombia. Globe Ingredients’ core business is in vitamins and amino acids, mainly for the feed industry, which further strengthens Barentz’ position as an animal nutrition provider while also taking the business into new geographic regions.
“The opportunity to buy a majority share in Globe Ingredients fits perfect into Barentz Business Plan towards 2025, in which we aim at acquiring strategic companies that also expand our reach geographically,” said Hidde van der Wal, CEO of Barentz International. “Together we become stronger, expanding our ingredients portfolios, where especially Globe Ingredients’ wide network of suppliers of high quality animal nutrition is of great value for Barentz. We are pleased that the current directors remain stakeholders and managers of the company.”
Globe Ingredients provides a full range of high-quality ingredients and additives for feed, food and pharma, adhering to the international quality systems GMP (Good Manufacturing Practices) and FAMI-QS, developed for specialty feed ingredients. Most of the additives and ingredients, such as vitamins, amino-acids, proteins and minerals, sourced from suppliers worldwide, are stored in and distributed from the Netherlands. Globe Ingredients’ extensive pharma portfolio, aims at both human and animal use and all products are subject to regular, strict quality controls.
Globe Ingredients has 16 employees operating from four offices, located on three different continents. The company will continue to be managed by its own dedicated and successful management team consisting of the directors Martijn Krijgsman and Frànk van Eeden. “Over the past years Globe Ingredients has grown significantly and through this partnership with Barentz we hope to be able to expand this growth, taking advantage of both our expertise,” said Krijgsman. “Globe Ingredients will benefit from the distribution network and expertise of Barentz while at the same time Barentz can spread its business worldwide in the sales and distribution of feed additives,” van Eeden added.
Contact our Team Members advising in this transaction:
Based in Amsterdam and Brussels, we act as exclusive partners of Translink in the Benelux. We are one of the leading M&A boutiques in the Benelux mid-market segment due to the extensive international reach of Translink. We offer companies, private owners and PE funds a wide range of corporate finance services, including advising on domestic and cross-border M&A transactions, equity and debt raisings, and valuations.
