Betco® Corporation Announces Acquisition of Bio-Systems International
Toledo, OH - October 12, 2010 - Betco® Corporation of Toledo, OH has announced the
acquisition of Bio-Systems International based in Beloit, WI. Bio-Systems is a leading
provider of bacterial based, environmentally friendly products. The company's technologies include bacterial and enzyme solutions for wastewater treatment, sewer and drain maintenance, green cleaning and household products. 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, led by Malcolm Peacock, President & CEO, 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."
Betco Corporation is a global brand name in institutional cleaning. Betco engineers
innovative cleaning programs, products and equipment sold through distribution partners
internationally. Betco products serve numerous markets and industries including education, healthcare, building services and retail.
Contact:
John Henson
Betco Corporation
Phone: 419-3612
Fax: 419-725-4612
1001 Brown Ave.
Toledo, Ohio 43607
jhenson@betco.com
