Omega Protein Adds Concentration Capabilities with its Strategic Acquisition of InCon
The acquisition of InCon and its concentration technology allows Omega Protein to increase the vertical integration of our commercial fishery and human nutrition distribution channels by filling a vital piece of that value chain.
Sep 16 2011 --- Omega Protein Corporation, a nutritional ingredient company and the nation’s leading producer of Omega-3 fish oil and specialty fish meal products, announced that it has acquired InCon Processing, L.L.C., a Batavia, Illinois based specialty toll processor that utilizes molecular distillation technology to concentrate a variety of compound products, including Omega-3 fish oils.
“The acquisition of InCon and its concentration technology allows Omega Protein to increase the vertical integration of our commercial fishery and human nutrition distribution channels by filling a vital piece of that value chain,” said Joe von Rosenberg, Omega Protein’s Chairman of the Board, President and Chief Executive Officer. “InCon enables us to provide our customers with an enhanced range of Omega-3 fish oils in concentrated forms such as ethyl esters and triglycerides that we have not been able to offer before. We look forward to working with the management team at InCon to further expand Omega Protein’s human nutritional products business.”
The concentrated fish oils manufactured by InCon will be marketed and sold under the Company’s OmegaActiv brand by Cyvex Nutrition, a subsidiary of Omega Protein.
Hugh Palmer, an InCon founder, has been named President and Chief Executive Officer of InCon. All InCon management will remain in place.