Tech Laboratories is a company which supply’s the U.S. need for energy independence. Today it announced that they have signed a letter of intent to acquire Biodiesel Solutions, Inc. (BSI).
The acquisition is ideal for Tech Laboratories because of several compelling reasons. The CEO of Tech Laboratories expressed his excitement as he expects the acquisition will significantly contribute to the long-term shareholder value.
Rudi Wiedermann, CEO of Biodiesel Solutions, stated, “We feel confident that becoming a subsidiary of Tech Laboratories offers us tremendous opportunities for growth moving forward. We look forward to working with John and his team to begin making a considerable impact in the burgeoning industry for biofuels.
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