Barentz Int'l will be expanding its activities in North America. The company announces it has entered into an agreement to acquire Pestell Nutrition, a prominent distributor of feed additives, nutritional ingredients, macro and trace minerals, and pet specialty ingredients for the animal health, animal nutrition, and pet food sectors across Canada and the U.S.
Pestell Nutrition, headquartered in New Hamburg, Ontario has a significant position in Canada and a fast-growing expansion into the U.S. animal nutrition market. The companyrenowned for technical solutions, application knowledge and providing of high-value feed additives. The acquisition is subject to customary closing conditions including merger control clearances.
The pending acquisition follows the acquisition of Maroon Group in late 2020 and accelerates the strategic positioning of the Barentz Group toward animal health while establishing the animal nutrition vertical globally.
“Over the past few years Pestell Nutrition has significantly expanded its nutritional offering to our customers, while at the same time expanding our footprint both in Canada and the USA," says Jerry Vergeer, Pestell Nutrition CEO. "Barentz is a perfect fit for Pestell and being part of Barentz North America and the global Barentz network will lead to many opportunities.
"We will be able to further strengthen our partnerships with our customers and suppliers in Canada and USA and grow our business. Our team of animal nutrition experts is looking forward to exploring all new opportunities that arise from the Barentz regional and global network.”
About Pestell Nutrition Inc.
Pestell Nutrition Inc., founded in 1972, is a leading distributor of specialty ingredients in the North American animal nutrition market. The company supplies customers in Canada and the U.S. with high-quality nutritional additives and ingredients for the animal nutrition and pet food industries.
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.