Barentz India broadens horizons with strategic acquisition of Radian in India
Hoofddorp, The Netherlands, December 21, 2023. - Barentz International, a leading global life science and specialty performance ingredients distributor, announces the acquisition of Radian Chemical Products (“Radian”) in India, a high-end niche specialty solutions provider predominantly in color cosmetics and personal care industries. The strategic move strengthens Barentz India’s position as a key player in these markets and reinforces its commitment to providing innovative solutions, technical expertise, and an even more innovative range of ingredients to principals and customers in India.
The acquisition emphasizes Barentz's commitment to the Indian market and is expected to open a realm of strategic opportunities for growth across the Asia Pacific region. Both companies are committed to ensuring a seamless transition and maintaining the highest standards of service and quality.
- Barentz announces the acquisition of Radian in India.
- Enforces and complements the Barentz India product portfolio with innovative color cosmetic ingredients.
- Significant growth potential across Asia Pacific is anticipated.
- Radian CEO, Manoj Botadra, and the current team of Radian will continue to manage the day-to-day operations of the business.
Peter Boone, CEO of Barentz: “We are excited to join forces with Radian. The acquisition aligns with our vision to be at the forefront of delivering high quality ingredients and solutions for personal care. It benefits our principals and customers by providing access to a broader portfolio of solutions and a deeper pool of expertise. Together, we aim to enhance our offerings and better serve the dynamic needs of the Indian market and beyond.”
Manoj Botadra, CEO of Radian: “The deciding factor to join Barentz was the global nature of the business which creates tremendous opportunities to strengthen and expand our offering in India. Barentz and Radian share the same entrepreneurial DNA, which makes it the best possible new home for our stakeholders. We are confident that this strategic move will amplify our reach and elevate our commitment to excellence in the industry.”
Radian is a well-established distributor of specialty ingredients in India, catering to personal care, pharmaceutical and performance material markets. With a commitment to quality and customer satisfaction, Radian has become a trusted partner in the Indian market. Learn more at www.radian.in.
Barentz is a leading global life science and specialty performance 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.
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 Latin America and Asia-Pacific. With a turnover of circa €2.5 billion, the company employs around 2,600 people worldwide and serves over 25,000 customers. For more information, visit: www.barentz.com.
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