Barentz International has announced that it will acquire Unipex, a French distributor of life science ingredients and specialty chemicals. The Paris-based company is reportedly one of the leading distributors in France, Benelux, and Africa. The transaction is subject to the completion of legal and specified closing conditions, including the receipt of European merger control clearances.
According to Barentz, the acquisition strengthens its presence in France and immediately complements its European network. In addition, the addition of Unipex further extends the Barentz European network of logistic centers and application laboratories. The current management team will remain with Unipex.
“Unipex has a very strong position in the heart of the European life science ingredients market, with the focus on France,” said Hidde van der Wal, CEO of Barentz. “Their value proposition as ‘The Smart Distributor of specialties’, operating on the edge between welfare and performance’ perfectly matches Barentz’ brand positioning; ‘always creating better solutions’. These solutions enable sustained success for our customers, principals and all other stakeholders. This acquisition strategically strengthens our position in France and brings continuity and new business development opportunities on a local and regional level.”
According to Patrice Barthelmes, CEO of Unipex, “We have placed sustainability, Corporate Social Responsibility and both principals and customer satisfaction at the heart of our growth strategy. We both share the same core values and ambitions, and we are confident we will be able to continue our journey successfully together. We are looking forward to joining Barentz’ global network of highly skilled and talented ingredient experts. Above all, we feel the cultural similarity based on our shared beliefs will result in a prosperous long-lasting partnership.”