Mascoma Acquires SunOpta BioProcess Inc. (STKL)

Mascoma Corporation today announced the acquisition of SunOpta BioProcess Inc., a division of SunOpta Inc. STKL. “We are pleased to announce this important and strategic acquisition. We share a common vision of solving one of the most important energy problems in the world: enabling a sustainable transportation fuel sector by converting cellulosic biomass to fuel in a low-cost, sustainable way,” said Bill Brady, Chief Executive Officer of Mascoma. “The combined company has extensive commercial experience, with the application of our technologies around the world, and the technology breadth to offer a complete biofuels solution. We believe the combination of Mascoma and SBI significantly advances our capabilities in the cellulosic ethanol field and positions us for a successful future.”