Hoofddorp, The Netherlands – Barentz International announced that it has acquired PT Astabumi Ciptadaya, a leading distributor of specialty ingredients for the Food & Nutrition industry in Indonesia.
Barentz, a leading international food ingredients distributor, calls this acquisition in Indonesia a logical step in the strong expansion of Barentz in the Asia Pacific region. Indonesia is, according to Barentz a ‘promising market’. Barentz itself has been active under its own brand in Indonesia since 2012.
CEO of Barentz International Hidde van der Wal explains: “This acquisition adds to the reach of Barentz in Indonesia, which will be an advantage for our customers, who can now buy the combined ingredients portfolio from one company. With our combined expert knowledge and very comprehensive ingredients portfolio, we can serve our customers better.”
Adi Arianto, President of Astabumi comments: “Since we started our company in 1988 we developed a great business with European principals, amongst others with the European starch leader Roquette. The beauty of this deal is that Barentz is a preferred distributor of Roquette in Europe and Astabumi is Roquette’s partner in Indonesia. This creates the best possible synergy for the future growth of Astabumi under Barentz’ management. ”
Astabumi and Barentz will integrate their business over the next couple of months and will continue to operate with both trading names, under the legal entity PT Barentz Indonesia.