Barentz & Parabel Announce Exclusive Global Partnership for Distribution of LENTEIN Plant Protein

Hoofddorp, The Netherlands, April 18, 2016 – Parabel USA Inc, winner of the 2015 IFT Innovations Award for its LENTEIN plant protein, and Barentz proudly announce the signing of an exclusive worldwide distribution agreement for Parabel’s novel range of plant based protein ingredients for food and feed, as well as for plant based personal care ingredients.

Screen Shot 2016-04-18 at 2.15.17 PMParabel’s LENTEIN protein is derived from a water lentil, Lemnoideae, which doubles its biomass in 24 – 36 hours and can be harvested every day. The protein ingredient has the highest levels of Essential Amino Acids of all plant protein, is non GMO, free from common food allergens and fully sustainable. Applications for this novel, highly nutritional and functional ingredient are broad and include protein beverages and shakes, meat, bakery, pasta, healthy snacks, soups and cold pressed juices. For Animal Nutrition, the water lentil derived Lemna protein concentrates are especially suited as an energy rich protein source in aqua feed and pet food. The Lemna Meal is a good source of fibre for all animal nutrition products, containing insoluble and soluble fibre with documented gut benefits.

Parabel will be partnering with Barentz, a leading global ingredients distributor, who will represent their plant based products around the world. Anthony Tiarks, CEO of Parabel, says: “Barentz is the ideal partner for us. The company is established in the geographical regions where Parabel products are in high demand and Barentz serves exactly those industries in which Parabel is operating – Food, Animal Nutrition, Pharmaceuticals and Personal Care. We feel that our award winning LENTEIN plant protein is a very interesting innovative addition to Barentz’ comprehensive ingredient portfolio in markets around the world, and both Parabel and Barentz have already received many enquiries from companies looking for novel protein sources. Since the inception of our partnership some months ago, Parabel’s ingredients have already been tested in a number of customer applications and we anticipate some interesting product launches in the near future.

Earlier this year, Parabel announced the construction of its first commercial facility in Fellsmere, Florida, where Parabel’s existing pilot plant is located.

Hidde Van der Wal, CEO of Barentz International says: “Our customers are always looking for innovative ways to grow their business. New protein sources are in high demand and at Barentz we are eager to work with suppliers who can meet the demand of our customers. I am impressed with the expertise and the high-tech production facilities of Parabel, as well as with the endless application possibilities of these ingredients. Proteins as well as fibres are essential for human and animal health and looking at the future we know for a fact that there are boundaries to the production of animal based proteins. Plant based ingredients, therefore, are carefully looked at by many people in these industries to explore the application possibilities. This ingredient seems a promise for the future and I am confident that our customers will explore opportunities with the application specialists in our labs to see how they can best use this ingredient in their product ranges.”

Barentz will be distributing the full range of Parabel’s products and will be adding expertise in areas such as local market & industry knowledge, ingredient expertise, application work for customers, regulatory affairs, logistics and traceability.

ABOUT PARABEL: Parabel is a novel ingredients company. It grows and processes water lentils into ingredients for human and animal nutrition and for personal care products. With a production plant located in Florida and offices in the USA and the UAE, Parabel has developed an extensive array of products ranging from snack foods and beverages for human consumption to feed formulations for aquaculture and pets. Parabel provides customers in this industry with complete application solutions, product engineering and technical support.

ABOUT BARENTZ: The Barentz group is a leading provider of ingredients for the food & nutrition, pharmaceutical, personal care and animal nutrition industries. With a strong focus on the European market, Barentz is also growing fast in the Asia Pacific region and in North America. The privately owned, The Netherlands based, Barentz group generated a turnover of 919 million Euros in 2015, serving customers in 50 countries with around 700 people.