October 27, 2011
Bio-Systems takes over Oshawa Specialty Products
Canadian Bio-Systems has taken over Oshawa Specialty Products with the intention of adding presence in the Ontario market.
The deal "enhances our capacity and services across the board and brings added presence to support our customer base in Eastern Canada and the north eastern US," President Owen Jones of Canadian Bio-Systems said.
Apart from raising CBS's overall manufacturing capacity, the deal brings "added fermentation capability, an essential component of this type of processing" to the table, the company said.
Additional "key technologies" held by the Oshawa based firm will also boost CBS in the "environmental service" field, Jones said. "The purchase instantly broadens our ability to service this fast expanding market."
CBS's own product line in the same market includes Bactri-pond, a combination of live microbials and enzymes to help trap dissolved nutrients that cause unwanted algae development.
The Calgary firm's products also include feed flavouring agents, silage inoculants, pellet binders and a marigold based pigment to help colour broilers' skin and egg yolks.