Bioriginal Food & Science Corp., a wholly owned subsidiary of Cooke Inc., has acquired POS Biosciences Corp. of Saskatoon, from Canopy Growth Corp.
POS (Proteins, Oils and Starches), formerly known as KeyLeaf Life Sciences, will operate independently, guided by Jim Shields, the new Managing Director.
POS will also provide research and development services to Bioriginal using its eleven laboratories and six pilot plant processing areas.
“We are grateful for the opportunity to acquire POS,” says Shannon Sears, President and CEO of Bioriginal. “POS’s world-leading processing technology combined with its team of scientists in new product development will play a key role in driving innovation for the human and pet nutrition industries.”
This is the fifth acquisition for Bioriginal in the past twelve months having purchased Softgel Co. of Colorado, The Fatory of The Netherlands, Kroppenstedter Ölmühle of Germany, and Cana Corp. of Japan.
As a result of this transaction the Bioriginal group has eight manufacturing facilities on two continents supported by regional offices in Anahiem, California, Den Bommel, Netherlands and Yokohama, Japan, as well as eighteen warehouses around the globe.
