Barentz, one of the leading international providers of ingredients to the personal care, human & animal nutrition, pharmaceutical and chemical industries, and NKC, the leading international providers of lanolin and lanolin derivatives for the personal care and pharmaceutical industry, have entered a strategic partnership to strengthen their operations in Europe as well as in the USA.
NKC has found a strong partner in Barentz. Ian Johnson, managing director of NKC Europe says: "During recent years we have experienced rapid growth in Europe as well as in the USA. To continue to strengthen our operation and extend our activities we have been considering a strategic partnership and we are confident that Barentz is the right partner for us to continue to grow, because of Barentz's ingredients expertise in combination with its wide network of customers within the personal care industry."
Barentz has taken an equity stake in both NKC Europe and in NKC USA. Hidde van der Wal, CEO of the Barentz Group, is enthusiastic about this new partnership. "It creates tremendous opportunities for NKC 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 USA. I can already see new projects flourishing and our customers will benefit from the synergy this partnership will create across different continents."
The integration of NKC into the Barentz structure will improve the availability of NKC products across EMEA. The partnership with Barentz will also bring additional materials to the NKC portfolio. Both NKC operations in EMEA and USA will benefit from the sourcing, logistics, marketing, technical and financial resources of Barentz across the globe.
About NK Chemicals
NK Chemicals Europe Ltd was formed at the beginning of 1999 in West Yorkshire, UK, initially to develop the sales of lanolin products from NK Chemicals Pte Ltd, Singapore. In the early years the company concentrated on marketing the Singapore lanolin products alongside some downstream lanolin derivatives which were toll produced in Europe. This was successfully achieved via a network of distributors across the key markets in the Western Hemisphere.
Barentz is a European based distributor of ingredients and raw materials. Its world class products and solutions are used throughout the food, pharmaceutical, chemical, cosmetics and animal nutrition markets.