Betco Acquires Bio-Systems International
October 16, 2010
Toledo, OH –
October 12, 2010 - Betco Corporation
of Toledo, OH has announced the acquisition of Bio-Systems International based
in Beloit, WI. Bio-Systems will continue to conduct R&D, manufacture and
provide customer and technical support from their facilities in Beloit, WI.
Bio-Systems’ current management will remain in place and the company will
continue to autonomously operate as an independent subsidiary of Betco.
Paul Betz,
President & CEO of Betco Corporation remarked; “Bio-Systems is an
excellent company with exceptional people, that will enhance and expand Betco’s
leadership position in the company’s green cleaning program and sustainability
initiatives. We’re pleased to have Bio-Systems’ as part of the Betco family and
look forward to building on the synergies that this new relationship brings to
the markets we serve.”
Malcolm
Peacock, President & CEO of Bio-Systems International stated, "While
our current business relationships will continue to grow, we look forward to
extending Bio-Systems’ technology into a vast array of new markets and
biotechnology solutions with Betco.”