The acquisition is expected to expand Aceto’s nutraceuticals capabilities and complements its footprint in the expanding life sciences industry
Biotron facilities in Ogden, Utah, US. (Credit: Business Wire)
Aceto, a supplier of niche, speciality life sciences ingredients, has completed the acquisition of Biotron Laboratories and Talus Mineral Company (collectively called Biotron) for an undisclosed sum.
Biotron manufactures speciality minerals, trace elements and other solutions for the nutritional supplements industry.
Through the acquisition, Aceto is enabled to expand its existing nutraceuticals business and further strengthen its presence in the life science sector.
Aceto CEO Gilles Cottier said: “Biotron is the latest of our recent acquisitions of exceptional life-science speciality manufacturers, and they bring important new capabilities to Aceto.
“Over four decades, they have built a strong reputation in the nutritional supplements industry for their unique mineral chelation process, high-quality trace elements and other speciality ingredients.
“They are known for their focus on R&D and ability to work with customers on a variety of custom and speciality orders. Biotron is a great addition to our already-substantial nutraceuticals business, with a complementary portfolio of customers.”
Biotron Laboratories and Talus Mineral Company are affiliated entities that jointly manufacture and supply speciality minerals and nutritional ingredients to global markets.
The entity provides mineral complexes, custom blends, fortified blends, and chelates, including magnesium-based, zinc-based, calcium-based and iron-based products. It deploys a unique technology for producing mineral chelates.
The amino-acid based chelation process is said to deliver high-quality minerals and trace elements with enhanced bioavailability and user tolerance.
G2 Capital Advisors, and Foley & Lardner, served as advisors to Biotron, while Ulmer & Berne served as an advisor to Aceto, on the transaction.
Biotron Laboratories president Gameil T Fouad said: “Our scientist-founder, my father, imbued Biotron with a passion for science and quality that has characterized the company throughout our decades of growth.
“Aceto shares these principles and joining forces is the logical next step in enabling the continued growth and evolution of our business.”
Talus Mineral CEO Dave Johnson said: “As part of the Aceto family, we are excited to bring our unique capabilities to serve more clients globally as well as continuing to deepen our relationships with existing customers and suppliers.”