Speciality ingredients distributor Barentz International has acquired Mumbai, India-based supplier Anshul Life Sciences.
Established in 1978, Anshul is a speciality chemicals distributor that caters to the personal care, pharmaceuticals, and food & nutraceuticals markets.
Barentz said the acquisition gives it leading life science distribution platform in India and reinforces its commitment to providing solutions, expertise, and a wider range of ingredients to customers and principals pan-India.
“The acquisition emphasizes Barentz' commitment to the Indian market and is expected to open a realm of strategic opportunities for growth across the country and the broader Asia-Pacific region,” it added.
“Both companies are committed to ensuring a seamless transition and maintaining the highest standards of value-added services.”
Chief executive Nagarajan Kailasam and the current team of Anshul Life Sciences will continue to manage the day-to-day business operations.