Bioriginal Food & Science expands portfolio with acquisition of POS Biosciences

CANADA – Bioriginal Food & Science, a Canadian subsidiary of Cooke, has successfully acquired POS Biosciences from Canopy Growth, marking its fifth acquisition in the past year.

As the terms of the deal, remain undisclosed, Bioriginal is set to become POS’s largest vendor, gaining access to its state-of-the-art oil processing, concentration, and molecular distillation facility, specializing in value-added oils and proteins.

According to the company, the acquisition strengthens Bioriginal’s global presence, adding eight manufacturing facilities across two continents and expanding its network to 18 warehouses worldwide.

Bioriginal is a key player in the supply of omega-3-6-9, organic protein, and nutraceutical products for both human and pet nutrition industries.

POS Biosciences, formerly known as KeyLeaf Life Sciences, operates independently as a plant-based processor. With over 45 years of experience, POS is a global leader in protein, oil, and starch ingredient development and production.

The company serves more than 800 companies in over 40 countries and will continue to provide research and development services to Bioriginal.

 “POS’s 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,” Shannon Sears, President and CEO of Bioriginal, stated highlightiing the significance of the acquisition.

Bioriginal, as the core organization in the Bioriginal group and a member of the Cooke family of companies, manages facilities across Canada, the US, Europe, and Asia.

The company’s strategic acquisitions over the past year, including Softgel, The Factory, Kroppenstedter Ölmühle, and Cana, have significantly expanded its capabilities and market reach.

In related news, ADM (Archer Daniels Midland) has announced its agreement to acquire Revela Foods, a US-based developer and manufacturer of dairy flavor ingredients.

This move is set to enhance ADM’s global flavors portfolio, specifically in the US$1.8 billion global dairy flavors segment and US$3.2 billion savory flavors segment.

Additionally, Mars Incorporated has signed an agreement to acquire Kevin’s Natural Foods, a high-growth, nutritious meal company, adding to its Food & Nutrition segment.

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