Barentz Acquires Grasse in Brazil

Bolstering taste and health in human nutrition

Barentz International, a leading global life science ingredients distributor has – in close collaboration with its joint venture partner Tovani Benzaquen - expanded its activities in South America. The company proudly announces the acquisition of Grasse Aromas e Ingredientes, a leading Brazilian distributor of flavor and nutrition ingredients for the human nutrition and pharmaceutical industries.

Grasse Aromas e Ingredientes Ltda, headquartered in Diadema, São Paulo, Brazil, has built a strong position in the Brazilian food, beverage, and consumer health markets in the past 25 years. The company is renowned for their expertise in taste and health, supported by their strong sales force and their own development and application laboratories.

Highlights

• Barentz acquires Grasse Ltda, a leading Brazilian distributor of flavor and nutrition ingredients for the human nutrition and pharmaceutical industry.
• Grasse has built a strong position with large and medium sized customers and is renowned for its specific expertise in taste and health for the human nutrition and pharmaceutical segments.
• Grasse’s expertise perfectly complements the current activities of Barentz’ joint venture Tovani Benzaquen and strengthens and balances the companies proposition in human nutrition applications.
• This acquisition bolsters Barentz’ overall position in the South American region and further accelerated growth is expected.

Hidde van der Wal, CEO of Barentz, commented: ‘The great team and expertise of Grasse, their strong customer base and the complementary product portfolio will not only strengthen our existing offering in the Brazilian market, but also presents new opportunities in the South American region.’

José Manuel Aboim Inglês, CEO of Grasse Ltda., added: ‘This acquisition by Barentz and Tovani means a great opportunity to further grow in the local and regional markets. We are looking forward to using their extensive knowledge and other opportunities and leveraging our taste and health expertise within Barentz’ regional and global network.

Moses and Elzo Benzaquen, CEO of Tovani Benzaquen Barentz, said: ‘The businesses of Grasse and Tovani Benzaquen perfectly complement each other in terms of markets served, product offerings and business culture. We are looking forward to integrating our mutual activities and following the successful route together.’