Tovani Benzaquen acquires ingredients distributor highly specialized in Personal Care in Brazil.
A Tovani Benzaquen Ingredients, important distributor of food ingredients in South America, Barentz Group company, is pleased to announce the acquisition of the company Chemspecs, high-performance distributor of personal care products (Personal Care) No brazil.
– Chemspecs is the largest specialized distributor of ingredients for Personal Care serving the cosmetics industry in Brazil;
– Its product portfolio and customer base are complementary to those of Tovani Benzaquen;
– The transaction will strengthen, further, the growth of the Barentz Group within the pharmaceutical and cosmetics industries in the South American market.
“This is a big step for all of us”, comments Moses Benzaquen, CEO da Tovani Benzaquen. “Chemspecs’ highly qualified sales team with technical experts and a well-equipped application laboratory, will be of great value. He is the perfect addition to the Tovani Benzaquen team and will certainly enhance the development of our product and service portfolio.”
Hidde van der Wal, Barentz is the CEO, adds: “We had high expectations for our partnership with a Tovani Benzaquen and they were surpassed! Our partnership and collaboration quickly proved its value, Producing more and better solutions for our current and new customer base. Our businesses complement each other in terms of markets served, main business relationships, product availability and business culture. Our shared entrepreneurial mindset and deep experience in our businesses unite us. I am convinced that the integration with Chemspecs will also follow the same successful path”.
About Tovani Benzaquen Ingredients and Barentz
Based in São Paulo, Tovani Benzaquen Ingredients has been part of Barentz International since 2018 and is a large distributor of food ingredients in South America since 1992. The company serves more than 1.000 customers throughout Brazil and neighboring countries. Tovani and Barentz operate in all segments of the Brazilian Life Science industries: food and drinks, dairy, supplements, pharmaceutical products, animal nutrition and personal care (Personal Care).
The Barentz Group is a leading global supplier of ingredients for the food and beverage industries. Life Science. Representing leading suppliers worldwide, Barentz offers its customers a comprehensive portfolio of specialty ingredients, including exclusive ingredients and blends ( blends ) own production, all supported by the best technical teams and first-class application laboratories. Barentz is present in more than 60 countries, has a turnover of approximately €1.1 billion, and employs more than 1.100 collaborators.
About Chemspecs
Founded in 1996, Chemspecs distributes special ingredients for the cosmetics and pharmaceutical industries in Brazil, in addition to being a high-performance distributor of personal care products ( Personal Care ). Based in São Paulo, the company has a highly qualified application laboratory, as well as a solid sales team.
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