NK Chemicals has announced that the Barentz Group has taken an equity stake in both NKC Europe Ltd and sister company, NKC USA, Inc.
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Barentz is an international provider of innovative & standard ingredients and materials for human & animal nutrition, pharmaceutical, personal care and chemical industries. Established in 1953 by Herman Barentz, the privately owned Barentz Company today employs almost 600 people, serving some 15,000 customers in more than 60 countries around the world and generating sales in 2012 of 850 million Euros.
Barentz' headquarters are based in Hoofddorp, close to Amsterdam in The Netherlands. Integration of NKC Europe into the Barentz Group will improve the availability of NKC products across Europe.
The partnership with Barentz will also bring additional materials to the NKC portfolio. Both NKC operations in Europe and US will benefit from the sourcing, logistics, marketing, technical and financial resources of Barentz across the globe.
Hidde van der Wal, CEO of the Barentz Group, said about this new partnership: "It creates tremendous opportunities for NK Chemicals and for Barentz. We bring NKC a solid customer support and distribution network throughout Europe and South East Asia and NKC gives Barentz a direct entry into the US. I can already see new projects flourishing and our customers will benefit from the synergy this partnership will create across different continents."
Current contacts with NK will remain the same and Ian Johnson will continue in his position as managing director of NKC Europe while Joe Jendzio remains as president of NKC USA.
