WP_Post Object ( [ID] => 30159 [post_author] => 34 [post_date] => 2020-11-05 07:36:00 [post_date_gmt] => 2020-11-05 07:36:00 [post_content] =>

Since moving into Brazil in a big way with the finalisation of a joint venture with Tovani Benzaquen Ingredients in 2018, Barentz has invested heavily in the country, more than doubling the size of the operation. The most recent development includes the completion of two new application labs and a new centralised state-of-the-art warehouse, all located in São Paulo. The warehouse has been designed to the highest standards for the handling of pharmaceuticals, further enhancing the level of service that Tovani can offer.

Moses Benzaquen, CEO of Tovani, says the expansion and growing success of the firm is directly related to the close relationship that now exists with Barentz. “We operate as one team with one goal, with a strong focus on knowledge,” he says. “With the global network of Barentz, we have access to all life science trends and to the latest development in applications and solutions. Our new facilities reflect our ambition to constantly enhance our support and services to all Latin American life science customers.”

Tovani Benzaquen, formed in 1992, serves more than 1,500 customers in across Brazil and in neighbouring countries. It is active in the human nutrition, pharmaceuticals, personal care and animal nutrition sectors. Since its acquisition it has expanded its workforce to nearly 100.

Part of that growth came in 2019 with the acquisition of Chemspecs, a local distributor of personal care ingredients, also based in São Paulo. Benzaquen said at the time: “This is a great step forward for all of us. Chemspecs’ highly trained sales team of technical experts and the well-equipped application laboratory will be of great value. It is the perfect complement to Tovani’s existing team of specialists, and it will certainly enhance the further development of our product portfolio and services.”

A BIGGER PLAN

The arrangement with Tovani has been beneficial for Netherlands-headquartered Barentz, too. Frank Smit, its regional director, describes the Tovani business structure: “A customer-centric approach that is based upon deep knowledge, and with sole focus on the four life science markets is the recipe for successful growth. It all has a very positive impact on our business in all South American markets, where Barentz and its partners are making similar progress.”

Hidde van der Wal, CEO of Barentz, adds: “I expected a lot when we started our cooperation, but Moses and his team have really surpassed my expectations. Due to the Covid-19 pandemic, we cannot organise an official opening, but all new facilities at Tovani in São Paulo are operational now. I feel proud, and for us this is the ideal showcase as to how we will build further on a local level to become the Number One global distributor in life science ingredients.”

The tie-up with Tovani was part of a larger entry into the Latin American market by Barentz, which in 2017 set up a similar joint venture with Deltagen Group covering northern and western countries on the continent. Speaking at the time, van der Wal said the Tovani deal fitted in perfectly with Barentz’ global strategy, which identified Latin America as an important new market. “Brazil has recovered after some years of recession and we now see great opportunities here, both to develop the country and to grow as a company,” he said.

barentz.com

tovani.com.br

[post_title] => Tovani: Big in Brazil [post_excerpt] => [post_status] => publish [comment_status] => open [ping_status] => open [post_password] => [post_name] => tovani-big-in-brazil [to_ping] => [pinged] => [post_modified] => 2020-11-05 07:59:56 [post_modified_gmt] => 2020-11-05 07:59:56 [post_content_filtered] => [post_parent] => 0 [guid] => https://hcblive.com/?p=30159 [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw )