NISUS CORPORATION PURCHASES ASSETS OF LORD’S ADDITIVES
Nisus Corporation announced that it completed the acquisition of the assets of Lord’s Additives, LLC, from owners Sandra and Steve Bales. The purchase includes all EPA and Canadian Pest Management Regulatory Agency registrations, product names and intellectual property. The Lord’s Additives LLC name will remain with the existing company; however, Lord’s will no longer be in the zinc borate business. According to Kevin L. Kirkland, President and CEO of Nisus Corporation, “Zinc borate was a natural next step for Nisus Corporation as it is a great product for our Wood Preservation Division and our Agricultural Division that will sell liquid micronutrients.”
The purchase of the Lord’s Additives assets will jump-start the Nisus zinc borate business by giving Nisus immediate access to EPA and PRMA registration and an existing customer base. Nisus is currently the largest purchaser of Disodium Octoborate Tetrahydrate (DOT) in both the pest control industry and the wood preservation industry.
Zinc borate is currently used as a preservative in oriented strand board (OSB), siding and other composite products, and is also used as a fire retardant.
“Working with Steve and Sandra Bales on this purchase has been a real pleasure,” says Kirkland. “They have built a wonderful business and we look forward building on that success.”
Nisus’ mission is to offer quality, sustainable pest and wood preservative products to industry professionals while providing the lowest possible impact to the environment.