Barentz Acquires Chemcel and Launches Barentz Mexico

Hoofddorp, The Netherlands – January 13, 2022 – Barentz International, a leading global life science ingredients distributor, announced today that it has acquired certain assets of Chemcel, S.A. de C.V. (the "Business"), a value-add distributor of specialty ingredients into the Mexican pharmaceutical and nutrition markets. Through its technical sales team, in-house formulary capabilities, and a product portfolio focused on specialty excipients, the Business provides the natural platform to further expand into the Mexican market as Barentz Mexico. The team will continue to be led by Julio Rendon and the headquarters will remain in Mexico City.

Highlights:
• The acquisition strengthens Barentz' existing presence in Latin America and establishes a growth platform within Mexico’s attractive Life Science markets
• Opportunity for further expansion through strategic principal relationships
• In-house laboratory & technical service team dedicated to the pharmaceutical industry is very meaningful and complementary to Barentz’ global network of more than 30 laboratories across 4 continents
• The addition of a talented team that will remain focused on the Mexican pharmaceutical and nutrition markets and continue to provide customers & suppliers with differentiated service and support

Hidde van der Wal, CEO of Barentz, commented: "Mexico has long represented a strategic market for Barentz and Chemcel represented the ideal fit with our commercial strategy and entrepreneurial culture.  The team has worked hard to establish Chemcel as a leader in the Mexican excipient market and we are honored that its owners, Raul de la Parra and Julio Rendon, entrusted Barentz to continue building upon that success as Barentz Mexico."

Julio Rendon, Managing Director and Chemcel Shareholder, added: "By joining the Barentz organization, I feel we have found the best long-term home for our team and the business that we have worked so hard to establish over the last 17 years. Together, we see tremendous opportunity to benefit from Barentz' global infrastructure and relationships to further improve our value proposition to customers and suppliers alike.  At the same time, Barentz appreciates the importance of maintaining an entrepreneurial culture and continuing to focus on our core markets in Mexico."


ABOUT CHEMCEL
Chemcel, founded in 2004 by Raul de la Parra and Julio Rendon, is a 100% Mexican-owned company with proven experience in the distribution of excipients and chemical specialties for the pharmaceutical, food and personal care industries. Its technical sales force and specialized logistics team align to provide the best service and support for its customers’ needs. With a state-of-the-art laboratory and specialized personnel for technical assistance, Chemcel provides a differentiated value proposition to the Latin American market. For more information, visit: www.chemcel.com

ABOUT BARENTZ
Barentz is a leading global life science ingredients distributor. The company sources branded specialty ingredients from leading manufacturers worldwide and its ingredient experts provide value-added technical support which includes pre-mixing, blending, ingredient formulation and ingredient testing from its state-of-the-art, customized formulation centers and application laboratories in EMEA, Americas and Asia-Pacific.

Established in 1953, Barentz has operations in more than 60 countries with a strong presence in Europe and North America, and a rapidly growing network in Latin America and Asia-Pacific. With a turnover of €1.85 billion, the company employs around 1,750 people worldwide and serves over 21,000 customers. For more information, visit: www.barentz.com

For more information, please contact:

Marcel Hölscher
Global Head of Marketing & Communication
marcel.holscher@barentz.com
+31 (0)23 567 34 56