FDBusiness.com

RAVAGO AND BARENTZ COMBINE CHEMICAL DISTRIBUTION ACTIVITIES IN EMEA

 Breaking News
  • Greene King Being Sold For £2.7 Billion CK Asset, which is one of the largest property developers in Hong Kong and an international investment group, has made a recommended £2.7 billion cash offer for Greene King, the UK’s leading integrated brewer and pub retailer operating over 2,700 pubs, restaurants and hotels across England, Wales and Scotland. Including debt, the enterprise value of [...]...
  • The Hershey Company Takes Minority Stake in Irish Snacking Brand The Hershey Company, the US-based food group, has made a minority investment in Fulfil Holdings, the owner of the snacking brand FULFIL. Headquartered in Dublin, Ireland, FULFIL has rapidly grown since its inception, now outselling many traditional chocolate snack bar brands in the UK and Ireland and named a top 50 consumer brand in Ireland. Brian [...]...
  • UK Restaurant Numbers Drop Again as Consumer Tastes Shift Britain’s restaurant numbers have fallen for the sixth quarter in a row, the new edition of the Market Growth Monitor from CGA and AlixPartners reveals. Independent operators have borne the brunt of the closures with group-owned restaurants proving more resilient despite some major brand failures. The quarterly survey of the country’s supply of licensed premises reports a 3.4% drop in [...]...
  • Molson Coors Commits to Reduce Plastics in Packaging Molson Coors in the UK and Ireland is removing the plastic packaging from its Carling and Coors Light brands, as part of new global packaging goals. The brewer will remove the plastic film wrap from large multipacks by the end of March 2020, replacing the plastic wrap with 100% recyclable fully enclosed carton board. By [...]...
  • Carlsberg Group Upgrades Full Year Operating Profit Outlook Carlsberg Group has delivered organic operating profit growth of 17.7% for the first half of 2019 with reported growth of 18.2% to DKr 5.17 billion (€693 million). Organic net revenue growth was 4.2% and on a reported basis net revenue rose by 6.5% to DKr32.99 (€4.42 billion). Operating margin improved by 160bp to 15.7%. Reported net [...]...

RAVAGO AND BARENTZ COMBINE CHEMICAL DISTRIBUTION ACTIVITIES IN EMEA

RAVAGO AND BARENTZ COMBINE CHEMICAL DISTRIBUTION ACTIVITIES IN EMEA
November 10
11:21 2011

The Ravago Group (Belgium) and Barentz Europe B.V. (Netherlands) decided to combine their chemical distribution activities in a new 50/50 joint venture Barentz Ravago Chemical Specialist SA.  The new company will be operational as of 1 January 2012 and aims to become one of the leading chemical speciality distributors in Europe.

EMEA coverage of chemical distribution activities
The new joint venture will have total consolidated sales of over 160M€ with an excellent geographical spread covering Western, Central and Eastern Europe, Russia and several CIS countries as well as the Middle East and Africa. Additionally the new Joint Venture will cooperate with the Campi y Jové group, a joint venture held 50% by Ravago, which covers Iberia and North Africa and having sales of 250M€. Together this results in a very attractive distribution footprint for chemical producers with combined, non consolidated sales of over 400M€.
Solid basis for further growth
Ravago and Barentz are convinced that the combination of these chemical activities provides the joint venture with the required scale to become one of the leading chemical distributors with a strong focus on chemical speciality, thanks to the expertise of the teams, the pan-European and EMEA coverage and the strong relationships with principals and customers.  Barentz Ravago Chemical Specialist SA will focus more and more on Pan European new business  with current and new Principals. The new joint venture will employ about 100 professionals spread over the different countries.  Hidde van der Wal, CEO of the Barentz Group, will be the CEO of Barentz Ravago Chemical Specialist SA. 
About the Ravago Group
Ravago is a privately owned multinational company, based in Belgium and founded in 1961. The Ravago Group offers an extensive product portfolio of plastics, rubbers and chemicals. They provide distribution, resale, compounding and recycling services for plastic and elastomeric raw materials and have a broad network of 200 regional sales offices and production locations. Total consolidated sales in 2010 amount to 4.3 Bn Euro and the group employs over 3900 persons.

 

About Barentz Europe B.V.
The Barentz Group is a privately owned company founded in 1953 in Amsterdam, The Netherlands. Today Barentz has a leading Pan European position distributing ingredients and additives for the food, pharmaceutical & cosmetic, chemical and animal nutrition industries. The group has built long term relationships with worldwide suppliers and European producers and shows solid financial results.
Barentz has its presence in 26 countries in Europe and employs more than 400 employees with an estimated turnover of more than 600 MIO Euro in 2011. Barentz’ drive is to further expand its positions within all four divisions all over Europe. This growth must be attained by providing innovative and creative solutions based on in depth knowledge of the markets, products and applications. Barentz owns 2 Centres of Excellence, 3 production locations, different laboratories and a sourcing office in Asia.

 

About Campi y Jové
Campi y Jové  distributes ingredients for the food, feed, pharma and chemical industries. Founded in  1923 in Spain and now serving Spain, Portugal and North Africa, Campi y Jové ranks within the top 20 European distributors with a yearly turnover of over 250 Mio Euro.  The Ravago Group has a 50% part in Campi y Jové .

Theo Roussis, CEO of the Ravago Group : “ This new family owned group of companies offers a very powerful true Pan European alternative for the chemical industries. It enables us to grow faster with our principals and customers.”
Hidde van der Wal, CEO of Barentz Europe B.V.: “It is fascinating to see that we create a new leader in the Chemical Distribution. A tremendous amount of knowledge and experience is bundled to create value and solutions for all our partners. It is a new start to create much more opportunities, including direct access to the Middle East and Africa. “

About Author

colin

colin

Related Articles

Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • September 11, 2019Packaging Innovations & Luxury Packaging London 2019
  • October 1, 2019PPMA Total Show
  • October 17, 2019Future Food-Tech
  • November 18, 2019Plastics Caps and Closures Conference 2019
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here



Advertisements