Announced
Completed
Financials
Tags
Private
food packaging products
Household Equipment and Products
Friendly
United States
Cross Border
Acquisition
Completed
Single Bidder
Majority
Synopsis
Byzen Digital, a public company trading on the OTC Pink Current Market that is presently focusing on mergers, acquisitions, and operations of companies in the clean technology and energy sectors, completed the acquisition of a majority stake in 100BIO, technology provider of eco-friendly food packaging products for the food services and packaging industries. Financial terms were not disclosed. “100BIO is a perfect complement to the Byzen mission of reducing waste plastic while driving shareholder value. We could not be more thrilled with the closing of this acquisition and the progress that 100BIO has made in the marketplace. This marks an important step forward for the Byzen and opens up global opportunities for growth and revenue generation,” Dan Bates, Byzen Digital CEO.
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