Pilot Chemical Corp. recently announced it has purchased Órgano Síntesis S.A. de C.V. (OSSA), which is located in Toluca, Mexico. Pilot Chemical reports that the acquisition will expand its business into the Mexican market, as well as South and Central America, and provides growth opportunities for the company’s existing surfactants and antimicrobial businesses. OSSA manufactures products for the worldwide personal care, disinfection, sanitizing, cleaning, oil and gas, and water treatment industries.
Driven by Pilot Chemical’s strategy to increase growth and innovation and put a deeper focus on its customers, the acquisition reportedly provides international diversification and a platform for growth in Latin America. According to Pilot, OSSA’s technology, testing/research plant facility, certification under the FDA’s Current Good Manufacturing Practice (cGMP) regulations, and R&D capabilities give it new ways to serve new and existing customers.
“Today marks an important milestone for Pilot,” said 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.”
“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,” said 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. Soto, who has spent the last 17 years at OSSA, 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 the production site in Toluca, Mexico.