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Nutricircle Limited has announced a strategic distribution agreement with global life science ingredient distributor Barentz Distribution India Private Limited. This exclusive collaboration, effective from August 25, 2025, establishes Barentz as the sole distributor for Nutricircle’s products within the designated territory, strengthening Nutricircle’s market presence and distribution efficiency.
Key Highlights of the Agreement:
Parties Involved:
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Nutricircle Limited (Principal)
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Barentz Distribution India Private Limited (Distributor)
Purpose:
Nutricircle, as manufacturer, marketer, and seller of life science ingredients, aims to utilize Barentz’s global distribution network to market, distribute, and resell their products to customers efficiently.
Agreement Size and Scope:
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During the term, Nutricircle commits to accept all purchase orders from Barentz up to 115% of the estimated annual volume requirement.
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Efforts will be made to accommodate orders exceeding this threshold, subject to agreed lead times.
Exclusivity Terms:
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Barentz is appointed as Nutricircle’s exclusive distributor in the specified territory.
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Nutricircle shall not appoint any other distributors or supply products to any other entities for resale within or destined for the territory.
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All product inquiries and orders from within the territory must be routed exclusively to Barentz.
Order and Delivery Process:
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Barentz will place orders in writing, with Nutricircle’s confirmation required within five business days; absence of response implies acceptance.
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Products will be delivered in accordance with Incoterms 2020, with title transfer at delivery.
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Nutricircle will provide comprehensive shipping documents including packing list, insurance, certificates of origin, inspection, analysis, and customs documentation.
Pricing and Payment Terms:
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Initial pricing and conditions are outlined in an annexed schedule, subject to changes with 30 days’ prior notice.
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Barentz holds the right to terminate the contract with three months' notice if price changes are unacceptable.
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Payments are to be made in Indian Rupees within 60 days of invoice date.
Additional Agreement Details:
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No shareholding or related party links exist between the two entities.
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The agreement’s initial term is five years with automatic renewal for one-year periods unless terminated six months before expiry.
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Amendments require mutual written consent.
Implications and Outlook:
This exclusive distribution agreement foresees a strategic alliance that leverages Barentz’s extensive distribution network to enhance Nutricircle’s penetration in the life sciences ingredient market. By securing exclusivity, Nutricircle aims to stabilize and expand its customer base while benefiting from streamlined logistics and market reach provided by Barentz. The clear terms on ordering, delivery, and pricing establish a robust operational framework intended to foster long-term cooperation and mutual growth.
Conclusion:
Nutricircle Limited’s partnership with Barentz Distribution India Private Limited is a decisive step forward in strengthening its distribution capabilities for life science ingredients. This alliance not only reflects Nutricircle’s commitment to expanding its footprint but also signifies confidence in Barentz’s proven expertise as a global distributor. The five-year agreement, with provisions for renewal and pricing flexibility, is positioned to drive sustainable business growth in the competitive life sciences sector.
Source: Company disclosure to the Stock Exchanges, ScanX
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