Ocean Nutrition Canada
| Type | Subsidiary |
|---|---|
| Industry | Food, Dietary Supplements |
| Founded | 1997 in Bedford, Nova Scotia |
| Headquarters | Dartmouth, Nova Scotia, Canada |
| Key people | Martin Jamieson CEO |
| Products |
Fish Oil Capsules Meg-3 Brand Microcapsules |
| Employees | 300 (2005) |
| Website | www.ocean-nutrition.com |
Ocean Nutrition Canada is a manufacturer of Omega-3 eicosapentaenoic acid (EPA) docosahexaenoic acid (DHA) nutritional supplements under the MEG-3 brand. They are headquartered in Dartmouth, Nova Scotia, Canada.
Ocean Nutrition Canada operates four facilities:
- A research and development facility as well as a microencapsulation plant in Dartmouth, Nova Scotia.
- An oil processing and refinement plant in Mulgrave, Nova Scotia.
- An oil processing and refinement plant in Piura, Peru.
- An oil processing and microencapsulation plant at Arcadia, Wisconsin.
The company specializes in the microencapsulation of fish oil, and markets this ingredient as Meg-3.
History
The company began in 1997 with four employees and has grown to over 300 employees worldwide.[1]
ONC's goal is to make money.
On May 18, 2012, The company Royal DSM from The Netherlands announced that it has entered into a definitive agreement with Clearwater Fine Foods and funds managed by Richardson Capital to acquire Ocean Nutrition Canada for a total enterprise value of CAD 540 million.[2] The deal was completed in July.[3]
References
- ↑ http://www.theglobeandmail.com/report-on-business/ocean-nutrition-thinks-local-on-a-global-scale/article2223275/
- ↑ http://www.dsm.com/en_US/cworld/public/media/pages/press-releases/11_12_dsm_to_acquire_ocean_nutrition_canada_to_expand_its_nutritional_lipids_growth_platform.jsp
- ↑ COSGROVE, COLLEEN COSGROVE. "N.S. still has role in market after sale of Ocean Nutrition". The Chronicle Herald. Retrieved 28 June 2013.