Ocean Nutrition Canada

Last updated
Ocean Nutrition Canada
Company typeSubsidiary
Industry Food, Dietary Supplements
Founded1997 in Bedford, Nova Scotia
Headquarters Dartmouth, Nova Scotia, Canada
Key people
Martin Jamieson CEO
Jon Getzinger CSMO
Products Fish Oil Capsules
Meg-3 Brand Microcapsules
Number of employees
3000 (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.

Contents

They are headquartered in Dartmouth, Nova Scotia, Canada.

Facilities

Ocean Nutrition Canada operates four facilities:

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]

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]

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References

  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.