Acquisition of Insuquim in Paraguay bolsters Barentz’ SA platform

 

Hoofddorp, The Netherlands, [August 15], 2024.

Barentz International (“Barentz” or the “Company”), a leading global specialty ingredients solution provider, announces the acquisition of Insuquim S.R.L., (“Insuquim”), a prominent and trusted distributor of speciality chemicals and ingredients in Paraguay. The acquisition emphasizes Barentz' commitment to the South American market and complements its platform across the broader Mercosur region.

Headquartered in Asunción, Insuquim is active in both performance materials and life sciences end markets. The strategic expansion enables sustained success for our regional customers and global principals, providing them an innovative solution offering alongside the highest levels of technical expertise and service.

Highlights:

• The acquisition expands Barentz’ presence in Paraguay and complements Barentz’ strong pan-South America network.
• Insuquim operates one of the largest, independently owned GMP (Good Manufacturing Practices) certified facilities in Paraguay ensuring high levels of quality, compliance, and service for ingredient storage and distribution.
• Accelerated growth across local markets is anticipated via a complementary and expanded specialty ingredients portfolio.
• Gustavo Vidart and the current team of Insuquim will continue to manage the day-to-day business operations.

 

Elzo Benzaquen, CEO of Barentz South America: “I’m delighted to welcome Insuquim to Barentz. Insuquim has demonstrated a strong commitment to innovation, customer service, and sustainable practices, which aligns seamlessly with Barentz’ core values. This acquisition not only broadens our geographical reach but also complements our existing portfolio. Insuquim brings a wealth of expertise and a strong local presence that will fortify our position as one of the leading speciality ingredient distributors in South America.”

Gustavo Vidart, Director of Insuquim: “Partnering with Barentz is an exciting opportunity for us to enhance our mission to deliver innovative solutions to our customers and principal partners alike. With a shared commitment to excellence, as well as a strong entrepreneurial spirit, Barentz is the ideal home for Insuquim. Our team is looking forward to accessing the Barentz regional and global network to better serve our customers and explore new market opportunities.”