Omega-3 leader announces purchase of facility from long-standing partner
DARTMOUTH, NS, Feb. 13, 2012 /CNW/ - Ocean Nutrition Canada (ONC) the
world's largest Omega-3 ingredient supplier, today announced its
acquisition of a fish oil refining plant in Piura, Peru. With the
purchase of the plant, ONC will now offer its customers a completely
integrated supply chain, from primary processing through to finished
"The acquisition of the Piura facility is a huge step forward for our
company and through this, Ocean Nutrition is changing the competitive
landscape of our industry," says Martin Jamieson, ONC President and
CEO. "We now have four processing facilities on two continents. As the
global leader in a fast-growing industry, our goal is to stay three
steps ahead of the competition. Customers will appreciate the many
advantages our enhanced supply chain will provide them."
ONC's brand of MEG-3® fish oil ingredients sources the majority of its
raw materials from the coastal upwelling region off Peru. The Piura
facility has been the primary refining facility for the organization
for more than 4 years, through an exclusive partnership with Peruvian
food company Alicorp S.A. ONC's other facilities include corporate
headquarters and a microencapsulation plant in Dartmouth, Nova Scotia,
an oil refining plant in Mulgrave, Nova Scotia and a microencapsulation
plant in Arcadia, Wisconsin. The 108 employees at the Piura facility
have joined the ONC team, bringing the company's total employees to
more than 400.
"We're thrilled to welcome the Piura employees into the Ocean Nutrition
family," says Jamieson. "Together, we're strengthening our global
leadership position as we continue to evolve and grow our company."
About ONC: Ocean Nutrition Canada Limited (ONC), the world's largest Omega-3
EPA/DHA solutions provider, has a pioneering approach to wellness
through innovation. Headquartered in Nova Scotia, Canada, ONC has the
leading Research & Development platform in the industry and operates
the largest privately-owned marine research and development facility in
ONC provides its customers in the dietary supplement and food ingredient
markets with a competitive advantage in the rapidly growing Omega-3
EPA/DHA market through their MEG-3® branded line of products created
with ONC's proprietary technology. With an uncompromising commitment to
quality, MEG-3® products meet or exceed global quality standards. To
date, MEG-3® has been included in more than 100 billion servings of
food and supplement products worldwide.
For more information about ONC, visit www.ocean-nutrition.com and for more information about the health benefits of MEG-3®, visit www.meg-3.com
SOURCE OCEAN NUTRITION CANADA LTD.
For further information:
Ocean Nutrition Canada Ltd.