Barentz acquires Metachem in Brazil, bolstering solutions for the performance materials segment.
Hoofddorp, the Netherlands, April 18, 2023. Barentz International, a leading global life science and performance materials ingredients distributor has, in close collaboration with its joint venture partner, Tovani Benzaquen, expanded its activities in South America. The company proudly announces the acquisition of Metachem Industrial e Comercial Ltda and its associate Chemtra Comercial Importação e Exportação Ltda., considered one of the main Brazilian distributors of supplies and solutions for the chemical segment.
Metachem Industrial e Comercial Ltda, headquartered in the city of São Paulo - SP, Brazil, leads a Brazilian group that distributes raw materials and ingredients in South America that is strongly active in the Industrial Materials, Paints and Adhesives markets, as well as having a presence in the life science markets.
- Barentz acquires Metachem Indústria e Comércio Ltda, one of the main Brazilian distributors of raw materials and supplies for the chemical industry.
- Metachem has been expanding the research and performance of new products and solutions, boosting business in several industrial segments.
- Metachem's expertise perfectly complements the current activities of Barentz joint venture with Tovani Benzaquen, bridging Barentz’ strong position in performance materials in North America.
- This acquisition strengthens Barentz's overall position in the South American region and further accelerated growth is expected.
Hidde van der Wal, CEO of Barentz, commented: “The expertise, combined with Metachem's portfolio, will strengthen our already consolidated offer in the Brazilian market. This presents new opportunities in the South American region, mainly focused on the performance materials segment and further connects our South American and North American markets. This is in line with Barentz's aspirations and continued growth strategy.”
Ricardo do Rego Freitas, Director of Metachem Industrial e Comercial Ltda., added: “After 35 years of a long and successful path, today, with satisfaction, we are going to a new stage, together with Barentz and Tovani Benzaquen, we continue the strategy of growth, to leverage the synergy between the companies and the accumulated knowledge and experience. Certainly, our companies’ values, of valuing employees, and total attention to our suppliers and customers, will be strengthened through this acquisition.”
Elzo Benzaquen (CEO of Barentz South America) and Moses Benzaquen (CEO of Tovani Benzaquen), said: “The businesses of Metachem and Tovani Benzaquen complement each other and will add even more value to our portfolio of products aimed at the performance materials segment in Brazil. We are happy to start this new promising stage, together.”
About Metachem Indústria e Comércio Ltda
Metachem Industrial e Comercial Ltda is a private enterprise Brazilian group that distributes chemical products and ingredients in South America. It was founded in 1988 by a highly experienced team of professionals to deliver differentiated and value-added products to its customers.
Throughout its journey, the Group has developed partnerships with some of the most important suppliers of specialty chemicals in the world to ensure the delivery of its purpose to its customers.
With its operational, commercial and logistic structure, Metachem brings chemical specialties and high-performance products to the market, aimed at the most diverse segments of the chemical industry.
Barentz is a leading global life science ingredients distributor. The company sources branded specialty ingredients from leading manufacturers worldwide. Their team of ingredient experts provide value-added technical support which includes pre-mixing, blending, ingredients formulations and ingredient testing from 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 70 countries with a strong presence in Europe and North America and a rapidly growing network in South America and Asia-Pacific.
With headquarters in Sao Paulo, Tovani Benzaquen Ingredients has been a part of Barentz International since 2018 and has been a major distributor of life science ingredients in South America since 1992. The company serves more than 2,000 customers throughout the entire Brazilian territory and surrounding countries.
Barentz and Tovani Benzaquen are active in all segments of the Brazilian life sciences and performance materials industries.
With a turnover of € 2.5 billion, Barentz now employs around 2.500 people worldwide and serves over 22.000 customers. For more information, visit: www.barentz.com
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