Barentz to acquire majority of shares of Vitablend Holding
Dated: 22 February 2008
Barentz Europe BV has announced the acquisition of a major stake in Vitablend Holding, a privately held production company of antioxidants, vitamin and mineral blends and nutraceuticals for the food and pharmaceutical industry.
Through this acquisition Barentz strengthens its technological capabilities and next to its in-house centers of excellence for the meat and baking industry, Vitablend will become the group’s centre of excellence for nutritional products and concept development.
The portfolio of Vitablend products fits perfectly in the product mix that Barentz is offering on a pan-European basis through its 19 subsidiaries in 25 countries and reinforces the relation with the European key customers.
The Barentz sourcing activities with own offices in China and India provide a strategic advantage to Vitablend.
Vitablend was formed in 2000 and has a state-of-the-art facility in Wolvega, in the province of Friesland in The Netherlands.
The company is a specialist in protection, with a full range of antioxidant products, and in fortification, through tailor made blends of micronutrients, such as vitamins, minerals, amino acids, nucleotides and nutraceuticals.
Barentz is a specialized distribution company for the food, feed, pharmaceutical, cosmetic and chemical industries. The company has been growing mainly through organic growth and only embarked on a pan-European presence since the nineties.
This acquisition demonstrates the determination to reinforce its position as the leading specialty ingredients supplier in Europe.
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