Barentz International, the Dutch global distributor of feed additives among other life science ingredients, is to increase its presence in North America through the acquisition of Pestell Nutrition. Last year, Barentz bought the Maroon Group, a life science distributor which services the US and Canada from its facilities in Ohio, and now trades as Barentz North America.
Pestell, based in Ontario, distributes 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 US. The business had 2020 revenues of €200 million.
Barentz says the addition of Pestell on top of the Maroon deal will “accelerate the strategic positioning of the Group towards animal health, whilst establishing the animal nutrition vertical globally”.
“This is a perfect moment to add these high-quality animal nutrition activities to our portfolio,” says Barentz chief executive Hidde van der Wal. “It brings the animal nutrition vertical into a more balanced position within our life science and specialty ingredients portfolio; accelerates our strategic and aspirational positioning towards animal health and maximises chances for further growth in the US with numerous synergies to create collaborations through our global network.”