Westbridge Capital Completes the Acquisition of Bioriginal Food & Science Corp.
Since inception in 1993, Bioriginal has become a global leader in the development and distribution of high-quality, innovative Omega solutions. Headquartered in Saskatoon, Saskatchewan, Canada, the company maintains production facilities in North America, Europe and Asia, and a global distribution network that spans six continents.
Joe Vidal, CEO of Bioriginal, was an essential part of the transaction and will continue to lead the business forward into the future. Joe was quoted as saying "We are proud to partner with Westbridge, who we naturally align with in our strategies of anticipating trends. This is a time of significant growth and global competition within our industry. This partnership perfectly complements our business approach of discovering and customizing Omega ingredients to help our customers compete and win".
Michael Meekins, President of Westbridge stated “Bioriginal is a perfect example of the thematic focus of our investments, founded in 1993 as a value added processor of oilseeds, it has since leveraged its core competency into a global customer base and supply chain, becoming a critical partner to participants in the rapidly growing Omega industry. Joe and his team have developed an exciting company, positioned well for the future and we are excited to partner with them on this transaction”.
Bioriginal is a global leader in delivering complete Omega solutions, with over 20 years of experience and expertise. They work directly with the source, ensuring secure supply of a wide portfolio of marine and plant based Omegas. Through a unique customer-focused approach and innovative development capabilities, Bioriginal is committed to growing their customers’ business, while making their consumers’ lives healthier.
Westbridge is a private equity management company. Westbridge focuses exclusively on real estate and private equity investments that by their nature have little correlation to publicly listed securities and may be used to diversify a portfolio and reduce overall portfolio risk and volatility.