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People & Business :: M&A

Barentz buys majority stake in Australian distributor

11:37 AM MDT | April 8, 2014 | Ian Young

Specialty ingredients distributor Barentz International (Hoofddorp, Netherlands) says it has acquired a majority stake in distributor Additive Solutions (Melbourne) and that the businesses will cooperate on the sales, marketing, and distribution of specialty ingredients across Australia and New Zealand. Financial details of the transaction were not disclosed. The cooperation includes country representations for Barentz's LI Frank and Vitablend ingredients and products. Additive Solutions serves a range of industries in Australia and New Zealand, including food...

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