Pilot Chemical Acquires Organo Sintesis.
Pilot Chemical Corp. has purchased Organo Sintesis S.A. de C.V. (OSSA), located in Toluca, Mexico. OSSA serves customers worldwide, manufacturing products for the personal care, disinfecting, sanitizing, cleaning, oil and gas, and water treatment industries.
"Today marks an important milestone for Pilot," says Mike Clark, president and chief operating officer of Pilot Chemical. "OSSA greatly enhances our opportunities for growth and allows for further expansion into new technologies and manufacturing capabilities. It has an outstanding reputation in the marketplace, and together we are well positioned for the future."
The acquisition expands Pilot Chemical's business into the Mexican market and South and Central America. Driven by the company's strategy to increase growth and innovation, the acquisition provides international diversification and a platform for Latin America growth. OSSA's technology, testing/research plant facility, certification under the FDA's Current Good Manufacturing Practice regulations, and R&D capabilities give Pilot Chemical new ways to serve new and existing customers.
"We are extremely pleased to become part of a highly regarded company like Pilot Chemical, with whom we share a similar entrepreneurial history and a family culture," says Federico Soto, director general of OSSA. "Having Pilot's support and resources will allow our team to improve upon its track record of technological discovery. The synergy of our talents and capabilities will significantly boost our growth."
OSSA will retain its name under Pilot's leadership, and Soto, who has spent the last 1 7 years with the company, will remain as director general of OSSA and report to Clark. The acquisition includes OSSA's workforce of nearly 100 employees, its headquarters office in Mexico City, and its production site in Toluca.
Headquartered in Cincinnati, Pilot is specialty chemical company serving the disinfecting, sanitizing and cleaning, metalworking and lubricants, oil field, and emulsion polymerization industries. Its proprietary core technologies involve alkylation, sulfonation, sulfation, and a number of other specialty operations, including the production of biocidal quats, tertiary amine derivatives, polymers, and organometallic fuel additives.
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|Date:||Jan 1, 2020|
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