Omega Protein Corporation (NYSE: OME) acquires Bioriginal Food and Science Corp. for $70.5 million upon completion of regulatory due diligence by consultant dicentra.
dicentra, a leading consultant specializing in regulatory strategies for North American health products, performed regulatory due diligence for Omega Protein Corporation (NYSE: OME) on its $70.5 million acquisition of Bioriginal Food & Science Corp., a global leader in delivering complete omega solutions. dicentra conducted a meticulous due diligence investigation into Bioriginal’s operations throughout the United States, Canada, the European Union, and several Asian markets. In addition, dicentra audited Bioriginal’s manufacturing facility in Saskatoon, Saskatchewan.
“We are proud to have played a part in the acquisition of Bioriginal by Omega Protein,” said Alicja Wojewnik, President and CEO of dicentra. “Bioriginal is one of the most respected companies in the world in the omega sector, and we are confident that it will continue its long history of excellence.”
Peter Wojewnik, Vice President of Business Development at dicentra added, “As part of our work, the talented team here at dicentra took a deep dive into Bioriginal’s compliance on the regulatory front. In the end, we were impressed by Bioriginal’s high level of commitment to producing the highest quality ingredients.” Bioriginal is a global leader in delivering complete omega solutions to the Food and Nutraceutical industries. With over 20 years of global expertise in both plant and marine-based omegas, Bioriginal has carved out a niche by scientifically combining ingredients from all over the world, directly from the source, to create unique and efficacious solutions.
Omega Protein Corporation is a century-old nutritional company that develops, produces and delivers healthy products throughout the world to improve the nutritional integrity of functional foods, dietary supplements and animal feeds. Omega Protein’s mission is to help people lead healthier lives with better nutrition through sustainably sourced ingredients such as highly-refined omega-3 rich fish oil, specialty proteins and
dicentra provides sought-after regulatory and scientific guidance on product and marketing compliance, quality assurance, research and development, new ingredient assessments and overall regulatory strategies for health-related products sold in North American marketplaces. dicentra regularly conducts large scale regulatory due diligence investigations for some of the largest acquisitions and mergers in the health and wellness category. Contact dicentra at 1-866-647-3279 or visit https://dicentra.com/contact.