Foley & Lardner LLP announced today it served as legal advisor to Biotron Laboratories and Talus Mineral Company (collectively “Biotron”), two affiliated entities that in partnership manufacture and supply leading specialty minerals and nutritional ingredients, in its acquisition by Aceto, the supplier of choice for differentiated specialty materials in the life sciences and advanced technology end markets.
Biotron’s proprietary technology produces mineral chelates widely used in nutritional supplements. With over 40 years of industry experience, Biotron’s amino acid-based chelation process produces superior quality minerals with greater bioavailability.
As a result of its acquisition by Aceto, Biotron will now be able to serve more clients globally, deepen relationships with existing customers and suppliers, invest further in their site capabilities and continue to provide quality customer service to their clients. The acquisition will also expand Aceto’s nutraceuticals business. The terms of the deal were not disclosed.
The Foley deal team was led by Partner Alan Perkins and included Partner Julie-Anne Lutfi, Senior Counsel Emma Blumer, and Associates Anna Choi and Graham MacEwan.
The deal team was also assisted by the following Foley specialists: Steve Good (tax), Steve Gilles (benefits), Michael Abbott (benefits), Kenny Broodo (labor and employment), Nick Johnson (regulatory), Pam Brown (real estate), Dottie Watson (environmental), and Andy Rawlins (intellectual property).
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