Barentz and SK Chemtrade Services embark on joint venture

Barentz International is continuing its expansion in South Africa by embarking on a joint venture with SK Chemtrade Services, a leading supplier of high-quality raw materials to the life sciences industries in South Africa and neighbouring countries.

This joint venture will give Barentz quicker access to the market in southern Africa, while offering SK Chemtrade the support of the knowledge and expertise of Barentz’ global network.

SK Chemtrade has fully-staffed offices, development centres and warehouses in Johannesburg (headquarters), Cape Town and Harare (Zimbabwe).

Life science

Both companies are strong performers in the life science industries. A family-owned company, SK Chemtrade specialises in flavours, compounds, nutraceuticals, natural food colourants and product development.

Commenting on this announcement, Mark Ferrao, managing director of SK Chemtrade states: ‘As a strong strategic partner based in Europe, Barentz is an excellent fit. Both of our companies have the same ethos: delivering high-quality products and offering technical support whenever required, with an enthusiastic approach to product development’.

For Barentz, this new collaboration is a logical next step. As noted by Barentz’ CEO Hidde van der Wal: ‘Because SK Chemtrade and Barentz are both active in the rapidly growing life sciences industry, we are naturally cut out to be partners. As a joint venture partner in SK Chemtrade, we will have much quicker access to the market in southern Africa. SK Chemtrade is well known and well managed and has a strong reputation. This partnership will provide a solid base for creating robust business opportunities in South Africa and its neighbouring countries’.

Application labs

Both companies value their application labs. Van der Wal explains: ‘At Barentz, we already have a global network of application labs. With the new SK Chemtrade product-development laboratory, we will be able to create synergies and value for all of our customers’.