Barentz and Ernst Sander AG Form Joint Venture
Barentz-Sander AG will be located in Zug and service the Swiss food, feed and pharma customers of Sander AG and Barentz GmbH.
26/06/07 Barentz Europe BV and Ernst Sander AG have decided join forces for the distribution of specialty ingredients and additives for the food, feed and pharmaceutical industry. The partners have agreed to form a new joint venture company: Barentz-Sander AG. Barentz-Sander AG will be located in Zug and service the Swiss food, feed and pharma customers of Sander AG and Barentz GmbH.
“Barentz is one of the leading specialty distribution companies in Europe, with a clear vision and a long term strategy” says Mr. Alex Koller, the new CEO of Barentz-Sander AG. “Both Barentz and Sander are privately owned companies with a long tradition of customer focus and added value service. The combination of Barentz with the local expertise of Sander will offer a great advantages to our Swiss customers”
“We have been able to build substantial business out of our Oberhausen office in the Swiss market in the limited period that we are active in this market. We do feel however that local presence, will assure our customers even better service and a more extended product portfolio. By focusing with local people on our customers in the food, the feed and the pharmaceutical industry, we are very confident that we can grow the business at much more rapid pace for our partners.” says Dr. Torsten Pieschnick, managing director of Barentz GmbH and VP for the Pharma Division of Barentz.
“We are delighted that we have found a partner which cherishes the same values as Barentz and is firmly rooted in Switzerland for over 135 years. The joint-venture fits our strategy to be a strong local supplier in every European country. The conditions in the Swiss market lead us to this solution over the option of organic growth. Barentz normal growth path in the past ten years has been growth through own offices, Russia and Turkey being the latest additions to the Barentz Network. Also in the future we will look at all options to further our growth” concludes Hidde van der Wal, CEO of Barentz Europe BV.
