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The move significantly enhances Barentz’s presence in the DACH region, with a particular focus on Germany—the second-largest personal care market in EMEA.
January 9, 2025
By: Lianna Albrizio
Associate Editor
Barentz, a leading global specialty ingredients solutions provider, has acquired of 100% of the shares of NCD Ingredients GmbH (NCD Ingredients), a distributor of specialty personal care and home care ingredients active in Germany, Austria and Switzerland (DACH).
This strategic acquisition significantly enhances Barentz’s presence in the DACH region, with a particular focus on Germany—the second-largest personal care market in EMEA.
NCD Ingredients has an established reputation in the personal care and home care sector in the DACH region, backed by longstanding relationships with customers and a diversified portfolio of blue-chip principals, officials say. By joining forces with NCD Ingredients, Barentz says its strengthening its commercial sales organization and deepens its reach and market penetration in this key region. The complementary product portfolios and shared commitment to innovation position Barentz to better serve customers with a broader range of high-quality raw and active ingredients.
“We are excited to become part of the Barentz team. This partnership enables us to leverage growth opportunities and further develop our business while maintaining our shared values, including a strong focus on sustainability,” said Thorsten Fenchel, founder and managing director at NCD Ingredients. “Barentz’s technical expertise and application laboratories provide valuable resources that will allow us to further grow in our region and better serve our customers’ needs. Together, we will create an enhanced offering for our customers, combining innovative ingredient solutions with our mutual expertise.”
Founded in 2013 by Fenchel and headquartered in Hanau, Germany, NCD Ingredients employs a team of experienced sales and technical experts. Thorsten will continue with Barentz as managing director, ensuring seamless integration of the Barentz Personal Care division in the DACH region and delivery of high-quality service to existing and new customers and principals.
Barentz has named Derk Jan Terhorst as its Group Chief Executive Officer.
Terhorst will take over from Terry Hill, who has served as interim CEO since May 2024. Terhorst has been with Barentz for more than three years as group chief financial officer.
“After a rigorous selection process, we are confident that Derk Jan is the ideal leader to guide Barentz into its next phase of growth,” said Ben Osnabrug, partner at Cinven and member of Barentz Supervisory Board. “His deep understanding of our business and proven ability to deliver results will ensure a seamless transition and will help us unlock new opportunities going forward. Having collaborated closely with the board in recent years, we have every confidence that Derk Jan will ensure the continued success of Barentz while driving forward our strategic ambitions. I would also like to thank Terry for his service as interim CEO and wish him all the best in his future endeavors.”
Prior to joining Barentz, Terhorst held senior management positions in Ahold Delhaize and Tony’s Chocolonely, gaining significant expertise in international financial management, with experience spanning Europe and the USA.
“I am honored to take on this role and continue working alongside our talented teams around the world,” he said. “Barentz has built an impressive legacy, and I believe our winning strategy – focusing on best-in-class principal management, sales acceleration, and operational excellence – positions us well for an exciting future.”
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