Belgium, Wis.-based Mach One Corp., a biological solutions company that develops products that produce a positive long term benefit to the agricultural and consumer market, announced today it has entered into a non-binding letter of intent to acquire Modular Process Contractors LLC, which does business as MPS BioPharm in Kenosha.
The proposed stock conversion transaction is subject to satisfactory completion of due diligence by the purchaser.
Monte Tobin, chief executive officer of Mach One, said, "This proposed acquisition of Modular Process Constructors, a systems company supplying pharmaceutical companies with processing skids, would fill out an important part of our future growth plans - dealing with world class customers and increasing our presence in the pharmaceutical space."
Belgium, Wis.-based Mach One Corp., a biological solutions company that develops products that produce a positive long term benefit to the agricultural and consumer market, announced today it has entered into a non-binding letter of intent to acquire Modular Process Contractors LLC, which does business as MPS BioPharm in Kenosha.
The proposed stock conversion transaction is subject to satisfactory completion of due diligence by the purchaser.
Monte Tobin, chief executive officer of Mach One, said, "This proposed acquisition of Modular Process Constructors, a systems company supplying pharmaceutical companies with processing skids, would fill out an important part of our future growth plans - dealing with world class customers and increasing our presence in the pharmaceutical space."
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