Barentz Acquires Specialty Ingredients Distributor ACE Trade in Czech Republic
Barentz International, a leading global life science ingredients distributor, acquired ACE Trade CZ, a distributor of specialty ingredients for the personal care, homecare and industrial markets. The company has over 24 years of experience in the specialty ingredients sector and is well known for the added value it brings to the cosmetics industry. Certain activities will be integrated into the Barentz CZ operations over the coming six months, whilst the current ACE Trade management oversees a smooth transition. ACE Trade CZ will continue to operate under its own name and entity for a limited period of time.
- The acquisition strengthens Barentz’ presence in Czech Republic, particularly in the personal care, homecare and industrial performance materials market segments, in addition to some activities in the human nutrition market
- The acquisition further extends Barentz CZ’s strong local network of logistic centers and application laboratories
- The current ACE Trade managing director will remain in charge during the integration of all activities into Barentz CZ
Pavel Kratochvil, Executive vice president of Barentz CZ, commented: “ACE Trade CZ has built a very strong position as distributor in the Czech Republic market. They have proven their added value, particularly in the personal care and homecare markets, where they have shown great results in developing customized formulations. Their focus on knowledge and entrepreneurship strongly connects with our Barentz business principles and values. We warmly welcome their team and are dedicated to ensuring a smooth integration of people and business, with the help of Mr. Aleš Motyčka, the current managing director. “
About ACE Trade CZ
ACE Trade spol. s.r.o was founded in 1998 and operates as a distributor of raw materials for the cosmetical, pharmaceutical and performance materials markets. The company works closely together with major manufacturers in Europe to support them with their cosmetics and wet wipes production. Our modern and highly sophisticated laboratory equipment enables us to meet the highest quality standards (ISO 9001, ISO 14001, GMP), from the initial idea to successful market introduction.
For more information, visit www.acetrade.cz
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, North America, South America and Asia-Pacific.
Established in 1953, Barentz has operations in more than 65 countries with a strong presence in Europe and North America, and a rapidly growing network in Latin America and Asia-Pacific. With a turnover of €2.1 billion est. 2022, the company employs around 2.000 people worldwide and serves over 22,000 customers. For more information, visit: www.barentz.com.
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