FSI OFFER TO ACQUIRE AN AGRICULTURE COMPANY DECLINED
TABER, ALBERTA, Nov. 10, 2025 (GLOBE NEWSWIRE) -- FLEXIBLE SOLUTIONS INTERNATIONAL, INC. (NYSE-AMERICAN: FSI), is the developer and manufacturer of biodegradable polymers for oil extraction, detergent ingredients and water treatment as well as crop nutrient availability chemistry. Flexible Solutions also manufactures biodegradable and environmentally safe water and energy conservation technologies. In addition, FSI is increasing its presense in the food and nutrition supplement manufacturing markets. Today the Company announces an offer made to acquire an agriculture company was declined.
"FSI recently made a buy out offer for 70% of a medium sized agriculture-oriented company based in Indiana. Our offer terms were 5 times full year 2025 ebitda plus 2.5 times full year 2025 ebitda across 3 years based on performance. The offer was declined by the Board of the target without a vote and was not presented to the general shareholders. FSI will not increase its offer as we feel that the offer we made represents full value. FSI has removed the debt financing we had in place for the acquisition.
Dan O'Brien, FSI CEO comments, "We are disappointed because the synergies between FSI and the target were substantial." Mr. O'Brien continues, "We will continue to look for opportunities to grow through acquisitions and by organic growth in our divisions."
About Flexible Solutions International
Flexible Solutions International, Inc. (), based in Taber, Alberta, is an environmental technology company. The Company’s NanoChem Solutions Inc. subsidiary specializes in biodegradable, water-soluble products utilizing thermal polyaspartate (TPA) biopolymers. TPA beta-proteins are manufactured from the common biological amino acid, L-aspartic and have wide usage including scale inhibitors, detergent ingredients, water treatment and crop enhancement. Along with TPA, this division started producing other crop enhancement products as well. In 2022, the Company entered the food and nutrition markets by obtaining FDA food grade approval for the Peru IL plant. The other divisions manufacture energy and water conservation products for drinking water, agriculture, industrial markets and swimming pools throughout the world.
Safe Harbor Provision
The Private Securities Litigation Reform Act of 1995 provides a "Safe Harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward looking statement with respect to events, the occurrence of which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the company is detailed from time to time in the company's reports filed with the Securities and Exchange Commission.
Flexible Solutions International
6001 54th Ave, Taber, Alberta, CANADA T1G 1X4
Company Contacts
Jason Bloom
Toll Free: 800.661.3560
Fax: 403.223.2905
Email:
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