Bayn Europe and the Barentz Group have signed an agreement for a long-term cooperation regarding the supply and distribution of EUREBA - a line of high-quality Stevia extract blends supplied by Bayn.
The agreement gives Bayn access to European Barentz' customer base and distribution channel.
Lennart Holmström, chairman of Bayn, said: "Barentz is a very good partner for Bayn because of its food ingredients expertise combined with its wide network of customers within the food industry in Europe.
"We expect a significant growth of sales in 2013. With this collaboration, we can both focus on our main areas of expertise: Barentz on the route to market and Bayn on technical support and product development."
The two companies will also cooperate in research and development to create Stevia application recipes for their customer base.
Geert Ingelbert, vice-president of Barentz Food Solutions, added: "We are happy that our cooperation with Bayn now is established on a long-term basis. We see that the demand for Stevia is growing.
"Since our focus is on quality, service and innovation, we want to offer our customers the highest-quality Stevia on the market. EUREBA is a quality product and Bayn's scientific team also offers us additional applications support and is highly innovative in its own research for new Stevia applications. All of these benefits are very important to us in choosing Bayn as our Stevia supplier."