Barentz International strengthens its presence in the USA
In an effort to expand its presence in North America, Barentz International (the Netherlands), one of the leading distributors of ingredients and additives for the pharmaceutical, nutraceutical, human food and animal feed sectors, has entered into an agreement to acquire the Ohio-based chemicals and ingredients supplier Maroon Group.
Founded in 1977, Maroon has an annual turnover of around US $500 million, 300 employees and a network of over 40 warehouses.
The agreement is the latest in a series of operations that Barentz has completed to expand its global presence, including joint ventures with Pakistan-based Matco Foods and South African company SK Chemtrade Services.
The company currently operates across more than 60 countries with a strong presence in Europe and Asia, as well as in North America and Latin America.
Maroon Group will continue to be led by CEO Terry Hill and his team.