Chemstar Signs Agreement to Acquire Sterilox
Chemstar Corporation has announced that it has entered into a definitive purchase agreement to acquire the assets of Sterilox Fresh, a manufacturer of electrolyzed water technologies for the supermarket retail and foodservice industries. The company--headquartered in Malvern, PA--is a division of PuriCore Inc., a healthcare company. The purchase is subject to PuriCore shareholder approval and other requirements.
The Sterilox Fresh brands including Sterilox® generators, Produce Maxx™, FloraFresh® and are in thousands of leading supermarkets across the U.S. and Canada, focusing on the fresh perimeter departments, enhancing quality and customer satisfaction of perishable foods. Tom Daniel, senior vice president and general manager of PuriCore’s Supermarket Retail Business, Sterilox Fresh, along with members of his team, will join Chemstar and continue operating and promoting these successful brands. It is therefore expected that current customers and partners would experience minimal interruption of service or support during the transition.
“Sterilox is a highly respected, industry leading brand in the food retail sector with a reputation for innovation. Sterilox offers unique products and systems to help customers improve safety, sanitation, labor productivity and customer quality,” says Dan Barney, CEO of Chemstar. “Sterilox is a strategic fit with our growth platform, complementing our existing brands with a very strong portfolio in the fresh departments.” We are excited about the company’s past record of growth and its strong market position for future growth, which will be further enhanced within the broader Chemstar team.”
Looking for quick answers on food safety topics?
Try Ask FSM, our new smart AI search tool.
Ask FSM →
