FMC Corporation Acquired Omega 3 fatty acid Manufacturers in Norway UK

FMC acquires Omega-3 manufacturers in Norway, UK

5:15 AM, 25th July 2013
FMC Corporation Acquisition News
Pierre Brondeau, President, CEO and Chairman, FMC.

PHILADELPHIA, US: FMC Corporation has acquired all of the shares of Epax Nutra Holding III AS, Norway and Epax UK Holding III AS, UK, manufacturers of high purity, premium grade Omega-3 fatty acid used in nutraceuticals, pharmaceuticals and food. This acquisition strengthens and expands FMC’s presence in the high growth nutraceutical market. The transaction is valued at approximately $345 million.

“Earlier this year, we committed to invest in our FMC Health and Nutrition platform by expanding participation in nutraceuticals and similar high growth markets. Today’s announcement underscores our commitment to this strategy and builds on our strengths in functional ingredients for the food and pharmaceutical markets. It also illustrates our resolve to meet or exceed FMC’s Vision 2015 growth goals through targeted acquisitions that complement our technology, business and financial priorities,” said Pierre Brondeau, President, CEO and Chairman, FMC.

 

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