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