Ocean Nutrition Canada

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Ocean Nutrition Canada
Type Subsidiary
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.

Facilities[edit]

Ocean Nutrition Canada operates four facilities:

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

History[edit]

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 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[edit]

  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.