The Barentz Group has further strengthened its position in Europe with the acquisition of Prochifar srl., of Italy. The company has been taken over by Barentz Service Spa, the Group’s Italian joint venture with local partner Chemservice SpA.
Prochifar specialises in sourcing, sales and distribution of fine chemicals and specialties for the pharmaceutical, nutraceutical, food and feed industries. With a focus on health and well-being, the acquisition reinforces Barentz’ Pan-European ambitions to become a strong player in the pharma and cosmetic sectors. As well as strengthening Barentz’ presence in Italy, the company sees opportunities to establish links with its Asian partner, Vitablend, and its pharma and cosmetic division.
Hidde van der Wal, Barentz CEO: “We are growing by concentrating on quality, service and innovation. We foresee that this acquisition will create many synergies, not only in the Italian market, but also in our other international markets. Also in sourcing, this brings new challenging opportunities for our Indian and Chinese operations.”
Oliver Fox, managing partner of Barentz Service, has been appointed managing director of Prochifar S.r.l. “Thanks to Barentz Service's international context, Prochifar becomes part of a leading European distribution group with an innovative portfolio of raw materials and ingredients in the food, health and nutrition, pharmaceutical and feed industries. “Combining our local market knowledge, technical knowâhow and international specialty products experience, this merger will provide significant synergies and long-term growth opportunities for our suppliers. We are a unique trading partner with a strengthened and truly innovative product portfolio, serving excellence to our Italian customers.”