Royal Polak - Squarefield

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Royal Polak

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Squarefield acted as exclusive financial advisor to Royal Polak on the sale to Barentz

On September 2, 2020, Barentz International, a leading global distributor of life science ingredients, has expanded its activities in taste and nutrition even further with the acquisition of the Dutch-based spice specialist: Royal Polak Spices – a business-to-business cinnamon specialist.

With over 150 years of experience, Royal Polak Spices is considered the number one cinnamon specialist in the world. The acquisition is aligned with Barentz’ strategy to become a global leader in the life science industries, and to further develop taste and nutrition knowledge, products and services within the Human Nutrition sector.

The completion of the transaction is subject to customary closing conditions, including regulatory approval.

Mr. Jac Sars, the owner of Royal Polak has become a Board Member in the Barentz Group, with the role of strategic advisor.

Royal Polak Spices

Royal Polak Spices is Europe’s leading business-to-business cinnamon specialist. Located in Steenwijk, The Netherlands, Polak serves the food industry across Europe, from the bakery and pastry segments to the dairy, beverages and (sports) nutrition markets. With over 150 years of experience Polak uses a wide range of cinnamon varieties and other spices to create the unique tastes their customers desire. Royal Polak Spices employs 40 people, who take care of consistent perfection in quality, delivery and taste profiles. That makes Polak a major player in this niche and the number one cinnamon specialist in the world.

“With their specialism in the food industry, Squarefield has helped me tremendously to connect with the right type of company that matched my expectations. They obtained and kept the right focus in this tough and complex process. The lines of communication were short and quick which felt comfortable given the many questions that arose along the way. In addition, the personal involvement as well as expertise of all employees involved was very pleasant. I look back on a very pleasant time with Squarefield.”

Jac Sars – Owner of Royal Polak

Barentz

Barentz is a leading global life science ingredients distributor for the Human Nutrition, Pharmaceutical, Personal Care and Animal Nutrition markets. Headquartered in the Netherlands, Barentz distributes ingredients for products to small- and medium-sized enterprises and large customers globally. The Group sources branded specialty ingredients from leading manufacturers worldwide and its ingredients experts provide value-added technical support (including pre-mixing, blending, ingredient formulation and ingredient testing) from its state-of-the-art, customized formulation centers and application laboratories in Europe, the Americas and Asia. Established in 1953, Barentz has operations in more than 60 countries with a strong presence in Europe and Asia, and a growing presence in North America and Latin America. Today, the company employs around 1,100 people worldwide, sources ingredients from top global suppliers and serves over 15,000 customers.