Parceval
- Company typePrivate
- Founded1998
- HeadquartersNovi Sad
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Parceval does
Parceval is a privately-held South African contract manufacturer and supplier of botanical extracts, homeopathic potencies, tinctures, and cosmetic raw materials, founded in 1998 and headquartered at 38b Lady Loch Road, Wellington, with a certified organic biodynamic farm (Waterkloof) for botanical cultivation. The company operates GMP-compliant manufacturing using specialized processes including HAB (German Homeopathic Pharmacopoeia) methods and Spagyric Zimpel extraction, supported by an in-house Waters Arc HPLC for quality control and R&D. Its portfolio spans the Flora Africana cosmetic ingredient range (featuring Buchu and other indigenous botanicals in clay, hydroglycerite, and tincture formats), botanical raw materials from wild-harvested and externally sourced supply chains, formulation consulting, and stability testing services.
The company serves pharmaceutical companies and cosmetic manufacturers internationally, primarily in Europe, as a B2B supplier of intermediate ingredients and finished products. It holds five South African bioprospecting/Biotrade permits and has achieved FairWild certification (2022) and UEBT verification (2022), positioning it to meet stringent European sustainability and Access and Benefit Sharing (Nagoya Protocol) requirements. Through its African Infusions sub-brand (launched 2019), Parceval also sells consumer botanical teas including Resurrection Bush and Honeybush-Sceletium blends. Revenue is generated via quote-based contract manufacturing fees, transactional raw material sales, professional services consulting, and consumer product sales. Key partnerships include BioInnovation Africa (GIZ/BMZ), University of Dortmund, PhytoTrade Africa, and the Samara Foundation, which formalizes benefit-sharing arrangements with San and Khoisan councils.
The business is founder-owned (CEO Ulrich Feiter), has no disclosed external institutional investment, and has been primarily supported through development grants from German (BMZ/GIZ), Swiss (SECO), and Finnish/South African (BIOFISA II) development finance institutions. Long-tenured staff (QC team with 14–22 years tenure) and three facility expansions (Waterkloof to Kruishof in 2000, to Lady Loch in 2010) reflect incremental, capability-driven growth rather than rapid scaling.
Parceval firmographics
Firmographics- Name
- Parceval
- Legal name
- Parceval
- Website
- https://parceval.co.za
- Company type
- Private
- Founded year
- 1998
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Parceval industry classification
Industry- Product category
- Herbal Extracts Contract Manufacturing
- NAICS
- Medicinal and Botanical Manufacturing (325411)
- SIC
- Medicinal Chemicals & Botanical Products (2833), Perfumes, Cosmetics & Other Toilet Preparations (2844), Services-Commercial Physical & Biological Research (8731)
- akta.pro primary industry
- Herbal & Botanical Supplements (CRADAGAD)
- akta.pro secondary industries
- Medicinal Plant Farming (Botanical/Pharmaceutical Crops) (AFAGAGAE), Organic Herb, Spice & Medicinal/Aromatic Plant Farming (AFAGAKAE), Dried Herbs & Herb Blends (AFAJANAC)
Keywords
Where Parceval is headquartered
LocationHeadquarters
- HQ city
- Novi Sad
Offices2 records
Markets served
Parceval business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Contract Manufacturing: Manufactures extracts and homeopathic potencies as intermediate ingredients or finished products for pharmaceutical and cosmetic clients
- Botanical Raw Materials Sales: Sells raw botanical materials including wild-harvested and cultivated plants, essential oils, and cosmetic ingredients
- Consulting Services: Provides formulation guidance, product conceptualization, and bioprospecting consulting services to clients in the herbal medicines industry
- Stability Testing Services: Offers stability testing for products to establish recommended storage conditions and shelf-life
- African Infusions Tea Products: Sells botanical tea products including Resurrection Bush tea and blended herbal infusions under African Infusions brand
Go-to-market motion2 records
Distribution channels2 records
Marketing channels3 records
Parceval product offering
Product offeringCore offering
Parceval manufactures and supplies GMP-compliant botanical extracts, homeopathic potencies and tinctures as intermediate ingredients or finished products for pharmaceutical and cosmetic companies, leveraging its own certified organic Waterkloof farm and sustainable wild-harvest supply chains. It also offers formulation and bioprospecting consulting, stability testing, and the Flora Africana cosmetic ingredient range, with the African Infusions sub-brand extending into botanical tea products for consumers.
Product overview
Parceval is a manufacturer and supplier of botanical extracts and complementary medicines operating from South Africa. The company offers a vertically integrated portfolio including contract manufacturing of extracts and homeopathic potencies (GMP-compliant), an organic cultivation farm (Waterkloof), the Flora Africana cosmetic ingredient range, and botanical raw materials. Supporting services include formulation consulting, stability testing, and access and benefit sharing consulting. Through its African Infusions sub-brand, the company also produces herbal tea blends. The product portfolio centers on indigenous African botanicals including Buchu (Agathosma betulina), Sceletium tortuosum, Honeybush (Cyclopia), Marula, and Resurrection Bush (Myrothamnus flabellifolia).
Differentiator
Problem solved
Functional benefit
Brands
- African Infusions: Botanical tea and infusion brand featuring African indigenous plants including Rooibos, Honeybush, Sceletium, and Resurrection Bush. Launched as a venture to bring African botanical flavors to consumers.
- Flora Africana
Products and services
- Contract Manufacturing of Botanical Extracts and Homeopathic Potencies GMP-compliant contract manufacturing of herbal extracts and homeopathic potencies as intermediate ingredients or finished products for pharmaceutical companies and complementary medicine manufacturers.
- Flora Africana Cosmetic Ingredient Range
Quantifiable outcome
- Successful completion of BioInnovation Africa projects developing supply chains for Resource X, Cyclopia, essential oils, Marula, and Buchu
- +3 more outcomes
Companies that use Parceval
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles4 records
Parceval technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Parceval partnerships and signals
Strategic signalPartnerships
16 partnerships are on record, tiered core and minor.
- Swiss Economic Development Agency / GIZ ConsortiumcoreMatched funding grant awarded to Parceval along with consortium of other companies for sector development around Sceletium tortuosum botanical product. Funding managed by GIZ. Activities include in-house laboratory equipping, cultivation trials, GRAS certification, and Southern African Botanical Products Association formation.
- BioInnovation Africa (GIZ/BMZ)coreIn 2020, Parceval received funding through BioInnovation Africa programme to develop supply chains and new products from indigenous African resources. The funding was provided by German BMZ and implemented by GIZ. Projects included Resource X, Cyclopia, essential oils in South Africa and Namibia, Marula, and Buchu development. Parceval was also recipient of 2 sub-grants.
- University of DortmundcorePartnership with University of Dortmund in Germany to research two South African medicinal plants for commercial potential with aim to develop cosmetic products. Academic-industry collaboration from project start to exchange knowledge and know-how. Teaching modules and practical courses held at University of Dortmund and Egerton University in Kenya.
- WALA Heilmittel GmbHminorHans Supenkämper from WALA Heilmittel GmbH visited Waterkloof farm to share knowledge on biodynamic farming. Conducted composting workshop and biodynamic preparation training for farm team.
- PhytoTrade AfricacoreParceval became a member of PhytoTrade Africa in 2015. Trade association works in Southern Africa to help members bring natural products to international and European markets. Assisted with Novel Food registration for Baobab and supports sustainable ethical supply chains.
- European Partners (unnamed)coreIdentified European partners for indigenous African resource product development. International clients request sustainability audits to demonstrate product sourcing meets highest sustainability and ethical sourcing demands.
- San and Khoisan CouncilscoreBenefit sharing negotiations with San and Khoisan councils for commercialization of Cyclopia products. Four applicant companies negotiating benefit sharing arrangements. Also involved in Sceletium sector development engaging indigenous people on Access and Benefit Sharing.
- Harkerville Agri and Forestry ProductsminorCommunity partner in Eastern Cape with approximately half hectare Honeybush plantation. Received 1500 Cyclopia seedlings from BioInnovation Africa project to expand plantation.
- Ericaville Farming TrustminorCommunity in Eastern Cape that suffered fire in 2017 losing Honeybush plantation. Received approximately 500 Honeybush seedlings to plant amongst natural stand. Harvests processed into green Honeybush for European client.
- Department of Environment, Forests and Fisheries (DFFE)coreSouth African competent National Authority for bioprospecting permits and ABS compliance. Facilitated introduction between new Buchu Association and Traditional Knowledge holders. Implementing National Environmental Management: Biodiversity Act (NEMBA).
- ABS Capacity Development InitiativeminorSupports the 12th Annual Pan African Access and Benefit Sharing workshop held in Cape Town. Provided capacity development support for ABS implementation across Africa.
- Bio-Innovation ZimbabwecorePartnership to bring Resurrection Bush (Myrothamnus flabellifolia) tea product to market. Joint project with R1 million seed funding from BIOFISA II. Development of tea or tea ingredient from indigenous Zimbabwe botanical resource.
- African Infusions ConsortiumcoreNew venture brand featuring botanical infusions. Consortium including KarooKanna and Sceletia Tea representing industry at African Biotrade Festival. Will introduce new tea blend incorporating Honeybush and Sceletium at Expo.
- Herbs Aplenty (Pietersarel de Bruyn)minorLocal partner for novel essential oils project. Part of field team that spent 9 days investigating pre-selected plants in Western and Eastern Cape with mobile distillation unit.
- Sonnenskyn NurseryminorSource of Cyclopia seedlings for Honeybush cultivation project. 2000 seedlings purchased with 1500 donated to Harkerville community.
- Waterkloof Supply Chain CommunitiescoreWild harvest supply chain from Eastern Cape achieving FairWild certification. Communities in Venda (Limpopo) for tree seed collection. Tree guardians selected by village development trusts to cultivate seedlings.
Scale indicators4 records
Recent moves9 records
Expansion highlights6 records
Parceval competitors and assessment
Company assessmentBroad incumbents
- Indena: Indena is a global producer of botanical active ingredients and standardized plant extracts for pharmaceutical and nutraceutical markets. It is comparable to Parceval's botanical extract and quality-controlled ingredient model, but at much larger global scale.
- Givaudan / Naturex: Givaudan's Naturex-originated natural ingredients business supplies plant-based extracts and natural ingredients for food, health, and personal-care applications. It is a broad incumbent peer because it overlaps with Parceval's natural botanical ingredient and cosmetics-facing raw material offerings.
- Euromed: Euromed manufactures standardized botanical extracts for pharmaceutical, nutraceutical, and health-product customers. It is a broader incumbent peer because it competes in high-quality plant extract manufacturing, though not with Parceval's South African indigenous sourcing niche.
- Martin Bauer Group: Martin Bauer Group is a global botanical ingredients and herbal/tea raw-material company serving food, beverage, supplement, and pharmaceutical customers. It is comparable through botanical sourcing, processing, and extract supply, though it operates as a much larger global incumbent.
Direct peers
- Afriplex: Afriplex is a South African botanical extract, nutraceutical, pharmaceutical, and personal-care ingredient manufacturer with contract manufacturing capabilities. It is highly comparable to Parceval because both serve B2B health, pharma, and cosmetics customers with African botanical ingredients and formulation/manufacturing services.
- Phyto-Force: Phyto-Force is a South African herbal medicine company known for herbal tinctures and natural health products. It is comparable to Parceval's tincture, herbal pharmaceutical, and complementary medicine manufacturing activities.
- Afrigetics Botanicals: Afrigetics Botanicals supplies African botanical extracts and natural ingredients for nutraceutical, cosmetic, and wellness applications. It is comparable to Parceval's focus on indigenous African plants, sustainable sourcing, and B2B ingredient supply.
- Botanica Natural Products: Botanica Natural Products produces natural plant extracts and oils, including African botanical inputs for personal care and wellness markets. It overlaps with Parceval's Flora Africana cosmetic ingredient range and sustainable botanical raw-material sourcing.
Emerging players
- EcoProducts: EcoProducts is a South African producer of baobab-based natural ingredients and oils with an emphasis on ethical sourcing and rural supply chains. It is comparable to Parceval's community-linked sourcing model and commercialization of indigenous African botanicals, although it is narrower in product scope.
- Cape Kingdom Nutraceuticals: Cape Kingdom Nutraceuticals is a niche South African player associated with indigenous botanical nutraceutical ingredients, including Sceletium-related products. It is comparable to Parceval's work in Sceletium sector development, standardized botanicals, and African plant-based health products.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Parceval social profiles
Digital presenceParceval financial estimates
Financial estimateRevenue estimate
Valuation estimate
Parceval leadership team
Management profileNumber of profiles
Profiles5 records
Parceval subsidiaries and ownership
Company hierarchySubsidiaries2 records
Parceval funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Parceval M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Parceval
What does Parceval do?
Parceval manufactures and supplies GMP-compliant botanical extracts, homeopathic potencies and tinctures as intermediate ingredients or finished products for pharmaceutical and cosmetic companies, leveraging its own certified organic Waterkloof farm and sustainable wild-harvest supply chains. It also offers formulation and bioprospecting consulting, stability testing, and the Flora Africana cosmetic ingredient range, with the African Infusions sub-brand extending into botanical tea products for consumers.
Is Parceval a public or private company?
Parceval is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Parceval founded?
Parceval was founded in 1998. It employs 11 to 50 people.
Where is Parceval based?
Parceval is headquartered in Novi Sad.
How does Parceval make money?
Five revenue lines are on record. Contract Manufacturing is the primary driver. The others are botanical Raw Materials Sales, consulting Services, stability Testing Services and african Infusions Tea Products.
Who are Parceval's main competitors?
Broad incumbents on record are Indena, Givaudan / Naturex, Euromed and Martin Bauer Group. Direct peers are Afriplex, Phyto-Force, Afrigetics Botanicals and Botanica Natural Products. Emerging players are EcoProducts and Cape Kingdom Nutraceuticals.
Does Parceval have an API?
No public API is recorded for Parceval.
What industry is Parceval in?
Parceval's product category is Herbal Extracts Contract Manufacturing. Its primary akta.pro industry code is CRADAGAD, Herbal & Botanical Supplements, with a secondary code of AFAGAGAE, Medicinal Plant Farming (Botanical/Pharmaceutical Crops). Its NAICS code is 325411 and its SIC code is 2833.