Sector News

FMC Corporation to Sell Omega-3 business to Pelagia AS

June 26, 2017
Energy & Chemical Value Chain

FMC Corporation has signed a definitive agreement to sell its Epax® Omega-3 business to Pelagia AS.  The transaction is expected to close by the end of Q3 2017, subject to customary regulatory approvals and closing conditions.

“We are pleased to sell our Omega-3 business to Pelagia AS, a leading manufacturer of pelagic fish products,” said Eric Norris, president, FMC Health and Nutrition.  “We believe Pelagia provides a strong strategic fit for our Epax® Omega-3 product line and will complement Pelagia’s existing portfolio.”

Terms of the transaction were not disclosed.

Source: FMC

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