Barentz strengthens South Africa footprint with SK Chemtrade Services JV
Global ingredients distribution company, Barentz International, is expanding in South Africa with a joint venture (JV) with SK Chemtrade Services, a supplier of raw materials to the life sciences industries the region.
Johannesburg is “the stepping stone for the African continent,” and the venture will give Barentz quicker access to the market while offering SK Chemtrade the support of the knowledge and expertise of Barentz’ global network.
“SK Chemtrade Services is very strong in flavour compounds, especially for the beverage industry. With their fully-equipped application laboratory and small-scale bottling line, they help entrepreneurial customers with innovation and product development,” said Kees Schepers, Vice President Overseas Territories at Barentz.
“This activity perfectly fits the services of our worldwide network of application labs. And it’s a great match with the Barentz brand purpose: We always come with better solutions,” he says.
“We expect solid growth in the food business at short notice and in the meantime, we will further focus on our activities in the other life science industry segments.”
A family-owned company, SK Chemtrade specialises in flavours, compounds, nutraceuticals, natural food colourants and product development. It has offices, development centers and warehouses in Johannesburg (headquarters), Cape Town and Harare (Zimbabwe).
Barentz already has a global network of application labs and with the new SK Chemtrade product-development laboratory, it will be able to create synergies and value for customers, notes the company.
Mark Ferrao, MD of SK Chemtrade says: “As a strong strategic partner based in Europe, Barentz is an excellent fit. Both of our companies have the same ethos: delivering high-quality products and offering technical support whenever required, with an enthusiastic approach to product development.”
Barentz has been following expansion tactics for quite some time with a series of JVs and acquisitions.
In June, it entered into a joint venture with TasteStrik, a Dutch family business and a leading developer, producer and supplier of high-quality flavourings and ingredients for the bakery, cereal, chocolate, confectionery, culinary, dairy and specialty foods industry.
Also, in May Barentz acquired Finland-based Casmo Oy, a specialised distributor of casings, smoke condensates and flavours for the meat industry.
Source: Barentz International