Bergstrom, whose parent company is known as Cardinal Associates, is based in Vancouver, WA. The company manufactures OptiMSM, a branded form of methylsulfonylmethane. This organosulfur compound is found in small amounts in many plants.
The compound is often used to lessen the inflammation associated with joint conditions. Bergstrom obtained FDA notified GRAS status on the ingredient in 2007. It addition to joint health, it markets the ingredient for sports nutrition, skin and beauty, healthy aging, and pet health.
“We are excited to welcome Bergstrom Nutrition to Balchem. As the MSM market leader, Bergstrom Nutrition has excelled in advancing the science and presence of MSM globally. The addition of OptiMSM to our portfolio provides a synergistic scientific advantage in Balchem’s key strategic therapeutic focus areas such as longevity and performance and is a strong fit with Balchem’s specialty, science-backed mineral products. We look forward to expanding marketplace opportunities together,” said Ted Harris, Balchem’s CEO and president.
Following the acquisition, Bergstrom Nutrition will be included in Balchem’s Human Nutrition and Health business segment and integrated into the Minerals & Nutrients business unit.
Second big deal in 2022
This is Balchem’s second major ingredient acquisition this year. In mid April the company announced its acquisition of vitamin K2 manufacturer Kappa Biosciences from its majority owner, the Norwegian Verdane Edda investment fund, for an enterprise value of NOK 3.175 billion (approximately US$ 338 million at the time).