EnviroZyme® to Acquire Environmental Management Assets from BiOWiSH Technologies
Acquisition Expands EnviroZyme® Portfolio and Strengthens Global Market Presence
Bowling Green, OH – Global leader in the development of biological technologies EnviroZyme® is pleased to announce that it has entered into a binding acquisition agreement for key environmental management intellectual property and clients from BiOWiSH Technologies, Inc. (“BiOWiSH”), serving the hydrocarbon remediation, odor control, waste management, surface and wastewater treatment industries. This acquisition, pending customary closing conditions and adjustments, marks the third in the bioaugmentation space for EnviroZyme's parent company, Betco® Corporation ("Betco").
As a world leader in microbial biotechnology, EnviroZyme specializes in end-to-end manufacturing of sustainable solutions for diverse environmental, water, and waste treatment applications. Its ability to solve complex bioaugmentation challenges is rooted in advanced capabilities that include custom fermentation, formulation, blending, and packaging. These offerings are backed by continued investment in new competencies and its state-of-the-art facility, which is ISO 9001:2015 certified and FDA registered.
Headquartered in Cincinnati, Ohio, BiOWiSH is a global biotechnology company renowned for its research, development, and marketing of innovative solutions tailored for the agriculture, aquaculture, and environmental management industries. By collaborating with leading corporations and research institutions, the company has been able to explore and develop a wide range of commercial uses for its proprietary technology.
“BiOWiSH’s robust portfolio of environmental management customers perfectly aligns with our existing business,” said Toby Jercovich, Chief Financial Officer of Betco Corporation. “This strategic move will drive growth for decades to come, and we look forward to building upon the success that BiOWiSH and its customers have already established.”
“The sale of our environmental management portfolio marks a significant milestone in our strategy to focus on agriculture, where we are leading the transition from commodity fertilizers to biologically enhanced efficiency fertilizers,” said Rod Vautier, President of BiOWiSH. “This solidifies our dedication to tackling the global food crisis by supporting sustainable agriculture practices that improve both economics and productivity while preserving the integrity of our ecosystems.”
The BiOWiSH integration also signals Betco’s commitment to building on EnviroZyme’s position as the top provider of bioaugmented solutions for water resource recovery worldwide. With the combined entity’s expanded geographical reach and product range, EnviroZyme is poised to quickly capture larger market share in the booming water and environmental technologies field.
The purchase will be fully funded at the targeted close date during the fourth quarter of 2024. Through additional acquisitions and organic growth, Betco Corporation and its fully owned subsidiary EnviroZyme are well positioned to further enhance their capabilities and presence in crucial markets.
About EnviroZyme
A global leader in the development of biological technologies, EnviroZyme’s capabilities in contract fermentation and diverse microbial solutions help produce clean air, water, soil and energy while directly reflecting our commitment to quality, economic growth, and long-term environmental sustainability. For more information about EnviroZyme’s products and services, please call customer service at 1-800-232-2847 or visit www.envirozyme.com. Follow us on LinkedIn, Facebook, and Twitter!
About Betco
Betco is a privately held specialty chemical and equipment manufacturer known for high-performing products and programs that help our customers WIN in the commercial cleaning industry. For more information about Betco’s products and services, please call customer service at (888) GO-BETCO or visit www.betco.com. Follow us on LinkedIn, Facebook, and Twitter!
About BiOWiSH Technologies
Headquartered in Cincinnati, Ohio, BiOWiSH Technologies, Inc. is a global provider of biotechnology solutions for the agriculture, aquaculture, and environmental management industries. As a leader in the application of microbial technologies in the agricultural market, we partner with the world’s top fertilizer manufacturers to help farmers increase crop production sustainably, safely and cost effectively. Our revolutionary BiOWiSH® Crop Liquid can be coated onto dry fertilizer or mixed with liquid fertilizer to create an enhanced efficiency fertilizer that optimizes yield potential by improved nutrient uptake and improves soil conditions for increased plant vigor. This helps farmers achieve consistent results across a broad range of operating conditions, climates and environments. By unifying nature and science, BiOWiSH reinvents the way food is grown. For more information, visit biowishtech.com.
