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May 03, 2019

Barentz acquires Casmo Oy in Scandinavia

Barentz International, a leading global ingredient distributor, has expanded its activities in the Nordic food industry. The company is proud to announce the acquisition of Casmo, a specialized distributor of casings, smoke condensates and flavours for the meat industry.

This takeover gives Barentz a greater diversity of sources for delivering quality solutions for the meat industry, in addition to their current wide range of quality products. Casmo’s suppliers and customers will benefit from the support and knowledge of Barentz’s local technical expertise and its strong global network.

  • Casmo is strong in casings and smoke condensates for the meat industry
  • Its products complement Barentz’s broad product portfolio in the food industry, including the meat segment
  • The takeover will generate rapid growth in business for both parties on the Scandinavian market, especially in Denmark and Sweden

The CEO of Casmo Oy, Juha Luuppala, welcomes the deal. ‘Since its foundation, our company has worked hard to create excellent long-term relationships with our suppliers and customers, and to build on our prominent market position in Finland. The next step for the company includes further expansion on the Scandinavian market with new product launches. That’s where the quality of the Barentz network is crucial.’

Hidde van der Wal, CEO of Barentz, agrees that the future looks bright: ‘Our strong technical presence in Finland and our local expertise, supported by technical teams and pilot plant facilities, represent a winning combination with Casmo’s current product portfolio. This takeover is a natural fit that will create strong growth for Casmo’s customers and suppliers throughout Scandinavia. I am convinced that all parties involved stand to benefit.’

 

For more information please contact:
Marcel Hölscher, Global Head of Marketing & Communication
marcel.holscher@barentz.com +31 (0)23 567 34 56
Saturnusstraat 15, 2132 HB Hoofddorp, The Netherlands

About Casmo Oy Casmo
Oy is a specialized distributor of casings, smoke condensates and flavours for the meat industry. It has a prominent position on the Finnish market and is rapidly expanding its business operations in Sweden, Denmark and the Baltics. The company was established in 2006 and is located in Vantaa, Finland. In 2017, Casmo successfully opened its first subsidiary in Sweden. To learn more, visit www.casmo.fi.

About Barentz
Barentz is a global specialty ingredients distributor for the human nutrition, pharmaceutical, personal care and animal nutrition markets. Headquartered in the Netherlands, Barentz distributes ingredients and additives for products to small and medium-sized enterprises (‘SMEs’) and large customers globally. The Group sources branded specialty ingredients from leading manufacturers worldwide and its ingredients experts provide value-added technical support (including pre-mixing, blending, ingredient formulation and ingredient testing) from its state-of-the-art production facilities in Europe, North America and Asia.

Established in 1953, Barentz has operations in more than 60 countries with a strong presence in Europe and Asia, and a growing presence in North America and Latin America. Today, the Group employs circa 1,100 people worldwide, sources ingredients from more than 1,000 suppliers and serves more than 15,000 customers. For more information, please visit: www.barentz.com.