Ocean Nutrition Canada

Ocean Nutrition Canada is a manufacturer of Omega-3 eicosapentaenoic acid (EPA) docosahexaenoic acid (DHA) nutritional supplements under the MEG-3 brand.

Ocean Nutrition Canada
Company typeSubsidiary
IndustryFood, Dietary Supplements
Founded1997 in Bedford, Nova Scotia
HeadquartersDartmouth, Nova Scotia, Canada
Key people
Martin Jamieson CEO
Jon Getzinger CSMO
ProductsFish Oil Capsules
Meg-3 Brand Microcapsules
Number of employees
3000 (2005)
Websitewww.ocean-nutrition.com

They are headquartered in Dartmouth, Nova Scotia, Canada.

Facilities

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Ocean Nutrition Canada operates four facilities:

The company specializes in the microencapsulation of fish oil, and markets this ingredient as Meg-3.

History

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The company began in 1997 with four employees and has grown to over 300 employees worldwide.[1]

On 18 May 2012, Royal DSM from The Netherlands announced that it has entered into a definitive agreement with Clearwater Seafoods 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]

See also

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References

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  1. ^ Foot, Richard (2 November 2011). "Ocean Nutrition thinks local - on a global scale". The Globe and Mail. Retrieved 26 February 2014.
  2. ^ "DSM to acquire Ocean Nutrition Canada to expand its Nutritional Lipids growth platform" (Press release). DSM. 18 May 2012. Retrieved 26 February 2014.
  3. ^ Cosgrove, Colleen. "N.S. still has role in market after sale of Ocean Nutrition". The Chronicle Herald. Retrieved 28 June 2013.