Albion Acquired by Balchem Corporation

Balchem and Albion. CLEARFIELD, Utah – Feb. 8, 2016 – Albion International, Inc., a leading, privately held manufacturer of mineral amino acid chelates, is pleased to announce that it has been acquired by Balchem Corporation (BCPC). As world leaders and innovators in nutrition, the combined resources of both organizations will bring new opportunities to all customers. The product offerings, market position, and product development resources of both companies will be enhanced.

“For over 60 years, Albion has remained committed to quality research and development, and improving nutrition globally,” said James Hyde, CEO of Albion Minerals. “Aligning with Balchem will help drive global market growth and provide customers with an expanded portfolio of proven products and outstanding service. Albion is excited to be part of Balchem Corporation and we look forward to the future.”

With this acquisition, Balchem continues to expand its science-based human health and wellness solutions. Already the global leader in the essential nutrient choline, Balchem will immediately expand its nutritional ingredient offering by adding Albion’s branded, innovative chelated minerals to its portfolio. The combined company will also benefit from a broader geographic footprint and an even stronger position as a technological leader in spray-drying and ingredient delivery solutions.

Albion has been a world leader and innovator in the manufacture of superior organic mineral compounds for 60 years. With over 100 patents, Albion leverages scientific expertise in the areas of both human and plant nutrition. Albion’s products are renowned in the supplement industry for being technologically advanced, and having unparalleled bioavailability.

“We are very excited to add Albion’s deep scientific expertise, broad patent portfolio, and premium branded products to our company,” said Ted Harris, President and CEO of Balchem. “This acquisition creates a broader nutritional platform for Balchem that will help our customers improve their nutritional and wellness solutions.”

About Balchem
Balchem Corporation consists of four business segments: SensoryEffects; Animal Nutrition and Health; Specialty Products; and Industrial Products. The SensoryEffects segment provides customized food and beverage ingredient systems and proprietary microencapsulation solutions to a variety of applications in the human food, pharmaceutical and nutrition marketplaces. The Animal Nutrition and Health segment manufactures and supplies products to numerous animal health markets. Through Specialty Products, Balchem provides specialty-packaged chemicals for use in healthcare and other industries, and the Industrial Products segment, provides certain derivative products into industrial applications, predominately as a component for hydraulic fracturing of shale natural gas wells. For more information, visit www.balchem.com.

 


 

U.S. Senator Orrin Hatch highlighting Albion on the Senate floor. U.S. Senator Orrin Hatch highlighting Albion on the Senate floor