Perfect Day completed the acquisition of Sterling Biotech for $80m.

Perfect Day, a food technology startup company, completed the acquisition of Sterling Biotech, a pharmaceutical preparation manufacturing company, for $80m. “This strategic acquisition stands to vastly expand our ability to make and sell protein while leveraging our robust technology platform across new ingredient opportunities. Our mission is one driven by collaboration, and we look forward to working closely with Sterling Biotech’s existing customers and employees as we continue to expand our investment in India and drive positive change together,” Ryan Pandya, Perfect Day CEO and Co-Founder.