PREMIUM INGREDIENTS INTERNATIONAL EXPANDS NORTHERN PRESENCE INTO CANADA
“Announcing today the acquisition of Bulk Pharmaceuticals, Inc., Toronto”
Carol Stream, IL, - - May 1st, 2008 - - Premium Ingredients International, the world’s leading importer of ingredients, with strengths in the food and beverage category, has now gained momentum into the growing pharmaceutical world with the recent acquisition today of Bulk Pharmaceuticals, Inc., of Toronto, Canada.
“Bringing together a powerful combination of strengths with Premium Ingredients International’s global sourcing and distribution as well as product expertise in the Food/Beverage and Vitamin/Nutrition categories, and Bulk Pharmaceutical’s product expertise in the Pharmaceutical/Botanical, Nutraceutical, and Veterinary industries, will allow us to provide a more comprehensive offering to our customers with the same high quality and customer service they have come to expect” said Don Thorp, President of Premium Ingredients International.
“This acquisition provides synergies so that we can move forward with innovations and leading ingredients to meet our customer’s demands in the growing pharmaceutical and nutritional industries. The addition of the Toronto distribution facility also allows us the ability to better service our customers across the continent,” Don Thorp added.
“We are very excited to be a part of the Premium Ingredients family and look forward to a stronger business combined” said Rod Garrett, President of Bulk Pharmaceuticals, Inc. We share the same dedication to providing only the highest quality products, so combined we will become the leading supplier in the ingredient world,” added Rod Garrett.
This is the fourth acquisition by Premium Ingredients International within the last seven years, and likely won’t be its last. Premium Ingredients International is always looking for strategic alliances that bring companies together to further provide the best price, service, and distribution to its customers. They are committed to ingredient distribution and innovations and are dedicated to becoming the best raw material supplier in the industry.
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About Premium Ingredients International
Premium Ingredients International, founded originally in 1978, is one the largest food ingredient distributors in the world. It is the leading importer of Vitamin C, B1, B2, Taurine and many other ingredients for the North American Food and Nutrition market. Customers have come to know Premium Ingredients as the leader in providing superior customer service and market expertise. Premium Ingredients International is headquartered in Carol Stream, IL with offices in Utah, Missouri, New Jersey, London, and now Toronto. www.premiumingredients.com
About Bulk Pharmaceuticals, Inc.
Bulk Pharmaceuticals was established in 1995 to supply raw materials to the Pharmaceutical, Nutraceutical, and Veterinary Industries. With over 25 years of experience in international trade and a strong presence in China, Bulk Pharmaceuticals has shown it can meet the demand and supply of this growing industry. Bulk Pharmaceuticals is located at 445 Milner Ave., Unit #1, Scarborough, Ontario, Canada M1B 2K4. www.bulkpharma.ca