Hoofddorp, The Netherlands, September 25, 2023. Barentz International, a leading global life science and specialty performance ingredients distributor, has entered into a binding agreement to acquire the pharmaceutical and human nutrition business of Unijaya, a fully licensed pharmaceutical distributor of specialty active pharmaceutical ingredients and functional food ingredients, located in Jakarta, Indonesia.
The intended acquisition of Unijaya complements Barentz’s existing operations with a regulated pharmaceuticals business and is expected to provide synergetic growth opportunities in Indonesia and across Asia Pacific territories. The acquisition is an important step towards offering a complete suite of life science ingredient solutions in one of the largest economies in South-East Asia and will significantly strengthen Barentz’s value-add product offering of APIs as well as food ingredient solutions. The transaction is subject to the completion of legal and specified contractual closing conditions.
- The intended acquisition strengthens Barentz’s footprint in the high-growth and resilient pharmaceutical distribution markets and increases the company’s geographic exposure in one of the largest pharmaceutical markets in South-East Asia.
- Unijaya offers a highly strategic opportunity to complement Barentz’s operations with fully licensed pharmaceutical distributors in Indonesia.
- The acquisition will significantly strengthen Barentz’s value-add product offering of APIs as well as functional food ingredient solutions.
Hidde van der Wal, CEO of Barentz, commented: “Unijaya’s highly experienced team with extensive knowledge of the pharmaceutical and human nutrition industries, combined with an impressive product portfolio, will bolster our existing offering in the Indonesian market. We are excited about the new opportunities this presents in Asia Pacific, which aligns with Barentz’s ongoing aspiration for growth in the region. I warmly welcome the Unijaya team to Barentz.”
Agus Widjaja, Founder of Unijaya agreed, adding: “I am proud that Unijaya is playing an important role in strengthening Barentz’s existing operations, as they embrace a new portfolio of specialty active pharma and functional food ingredients in Indonesia, one of the fastest growing and largest economies in South-East Asia. I wish Barentz and the team the very best."
Agus Widjaja, the founder of Unijaya, will continue to lead the company once the acquisition is completed.
Founded in 1999, Unijaya is primarily engaged in the distribution of specialty pharma ingredients and functional food ingredients in Indonesia. Unijaya’s registered head office and warehouse are located in Jakarta and employs 40 people. For more information, please visit: https://www.unijaya.co.id.
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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