Announced
Synopsis
Barentz, a global life science ingredients distributor, agreed to acquire Pestell Nutrition, a prominent distributor of feed additives, nutritional ingredients, macro and trace minerals, and pet specialty ingredients. Financial terms were not disclosed. "Over the past few years Pestell Nutrition has significantly expanded its nutritional offering to our customers, while at the same time expanding our footprint both in Canada and the USA. Barentz is a perfect fit for Pestell and being part of Barentz North America and the global Barentz network will lead to many opportunities. We will be able to further strengthen our partnerships with our customers and suppliers in Canada and USA and grow our business. Our team of animal nutrition experts is looking forward to exploring all new opportunities that arise from the Barentz regional and global network," Jerry Vergeer, Pestell Nutrition CEO.
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