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Dutch ingredients producer Barentz International has announced the acquisition of Insuquim, a distributor of speciality chemicals and ingredients in Paraguay.
The acquisition underlines Barentz's commitment to enhancing its presence in South America and strengthening its operations across the Mercosur region.
Headquartered in Asunción, Insuquim is known for its operations in both performance materials and life sciences sectors. According to the company, the acquisition will boost success for regional customers and global partners by providing innovative solutions and the "highest level" of technical support.
The deal is expected to drive accelerated growth in local markets through an expanded and complementary speciality ingredients portfolio. Gustavo Vidart and Insuquim’s current team will continue to manage day-to-day operations under the Barentz umbrella.
Elzo Benzaquen, CEO of Barentz South America, said: “Insuquim has demonstrated a strong commitment to innovation, customer service and sustainable practices, which aligns seamlessly with Barentz’ core values. This acquisition not only broadens our geographical reach but also complements our existing portfolio. Insuquim brings a wealth of expertise and a strong local presence that will fortify our position as one of the leading speciality ingredient distributors in South America.”
Gustavo Vidart, director of Insuquim, added: “Partnering with Barentz is an exciting opportunity for us to enhance our mission to deliver innovative solutions to our customers and principal partners alike. With a shared commitment to excellence, as well as a strong entrepreneurial spirit, Barentz is the ideal home for Insuquim. Our team is looking forward to accessing the Barentz regional and global network to better serve our customers and explore new market opportunities.”
Top image: © Insuquim
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