New York-based Balchem Corp. said Monday that wholly owned subsidiary Balchem Minerals Corp. will acquire Chelated Minerals Corp., which has 17 employees, primarily at a Salt Lake City manufacturing facility.
Financial terms were not disclosed.
Chelated is a privately held manufacturer and marketer of mineral nutritional supplements for livestock, pet, poultry and aquaculture feeds. It had sales of about $6 million during the past year.
Balchem said the transaction will augment its existing animal nutrition and health product line.