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Sep 04, 2020

Barentz announces acquisition of spice specialists Royal Polak and De Weerd

Barentz International, a leading global distributor of life science ingredients has expanded its activities in taste and nutrition even further with the acquisition of two leading, Dutch-based spice specialists: Royal Polak Spices - a leading  business-to-business cinnamon specialist, and De Weerd Spices - specialist in natural taste development and innovation for the European food industry. The acquisition of both companies is aligned with Barentz’ strategy to become a global leader in the life science industries, and to further develop taste and nutrition knowledge, products and services within the Human Nutrition sector. The completion of the transaction is subject to customary closing conditions, including regulatory approval.                                                                                                                

Highlights:

  • Royal Polak Spices and De Weerd Spices are both Dutch-based, knowledge-driven spice specialists. Both companies have a qualitative and solid customer base in the European food industry.
  • With over 150 years of experience, Royal Polak Spices is considered the number one cinnamon specialist in the world.
  • De Weerd Spices specifically adds value in natural taste development and innovation, with a focus on meat, snacks and vegetarian products.
  • Both companies fit seamlessly into Barentz’ overall product portfolio, and will be given excellent growth opportunities in the USA and South America.

Mr. Jac Sars, the owner of Royal Polak and De Weerd has become a Board Member in the Barentz Group, with the role of strategic advisor.

“Mr. Jac Sars has a tremendous amount of experience, and we are pleased that he can guide us to continue the excellence and growth of both companies,” explained Hidde van der Wal, CEO of Barentz.

According to Mr. Sars, it has been a difficult decision to sell off the shares. “But it gives a very good feeling that Barentz can help to grow and further internationalize the business. Barentz is well-known, has the same philosophy and entrepreneurial DNA as we do, and is the best possible new shareholder to continue a great new future for all the stakeholders,” he remarked.

The acquisitions bring great opportunities. “Both companies do fit very well in the Barentz product portfolio,” added van der Wal. “We have no conflicts of interest, and De Weerd as well as Royal Polak are complementary to our life science activities. Their application labs further strengthen our customer services. And we also see excellent new opportunities to grow in other parts of the world like the USA and South America. It is a dream combination that enables us to offer quality and expertise to our customers.”

 

About Royal Polak Spices and De Weerd Spices
Royal Polak Spices is Europe’s leading business-to-business cinnamon specialist. Located in Steenwijk (The Netherlands), Polak serves the food industry across Europe, from the bakery and pastry segments to the dairy, beverages and (sports) nutrition markets. With over 150 years of experience Polak uses a wide range of cinnamon varieties and other spices to create the unique tastes their customers desire. Royal Polak Spices employs 40 people, who take care of consistent perfection in quality, delivery and taste profiles. That makes Polak a major player in this niche and the number one cinnamon specialist in the world.

De Weerd Spices is also Dutch-based and a specialist in natural taste development and innovation for the European food industry. Short lines and direct communication are rooted in the family-business-DNA of De Weerd. That makes the team of about 50 taste experts at De Weerd an ideal partner to create outstanding, future-proof solutions for customer specific situations. With their deep knowledge of spices and herbs, blending and taste making, the experts of De Weerd are able to turn ‘tasters’ into ‘lovers’. More detailed information can be found on royalpolakspices.com and deweerd.nl.

About Barentz
Barentz is a leading global life science ingredients distributor for the Human Nutrition, Pharmaceutical, Personal Care and Animal Nutrition markets. Headquartered in the Netherlands, Barentz distributes ingredients for products to small- and medium-sized enterprises 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, customized formulation centers and application laboratories in Europe, the Americas 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 company employs around 1,100 people worldwide, sources ingredients from top global suppliers and serves over 15,000 customers. For more information, please visit: www.barentz.com.

Media 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