Under terms of the transaction, Cooke has acquired all outstanding shares of Omega Protein
for USD 22 per share in cash, or a total value of approximately USD 500m.
Cook said the acquisition of Omega Protein
will help further diversify the supply side of its business and supports the strategy of responsible growth as a leader in seafood production.
Environmentalists and fishermen opposed the unregulated harvest of menhaden, and Omega Protein
insisted that there was no problem.
But Hurricane Katrina in 2005, followed by the 2010 Deepwater Horizon oil disaster in the Gulf of Mexico, forced Omega Protein
to rely increasingly on Atlantic menhaden to make up for their damaged factories and shortened fishing seasons in the Gulf--much to the dismay of fishermen and residents along the Atlantic coast.
To determine whether or not Omega Protein
is overfishing menhaden, the government relies on a set of methods and calculations that are mystifying in their complexity.
Cyvex Nutrition announced in December that it has been acquired by Omega Protein
Corporation, a leading producer of omega-3 fish oil and specialty fishmeal.
2 June 2010 - US fish meal and fish oil processor Omega Protein
Corp (NYSE:OME) said it was extended USD10m (EUR8.
, the largest US producer of omega-3 fish oil and fish meal, sees little current impact from the Gulf of Mexico oil spill, but product prices could increase 15-30 per cent, if it's completely shut out of the region, the company's CFO said.
1993); Grain States Soya (1997); Growth Energy * (2009); Hubbard Feeds (1992); Integra Seed (2008); Krone Hay and Forage Technology (2003); Kubota Credit Corporation *; Kubota Tractor (2000); Land O'Lakes/Purina Swine Feeds *; McCauley's Equine Formulas (2006); Omega Protein
(2009); POET Nutrition (2007); Ridley Block Operations (1996); South Dakota Wheatgrowers Cooperative (2006); Wilbur Ellis AgriBusiness Division *; WildBlue Satellite Internet (2007)
April 30 2010 - US Omega-3 fish oil and fishmeal producer, Omega Protein
Corporation, has implemented an Incident Response Plan to minimise effects from the oil spill caused by the recent Deepwater Horizon oil rig explosion in the Gulf Of Mexico.
Their population has been hammered primarily by one company, Omega Protein
, co-founded by former President George H.
Bruce Franklin (Professor of English and American Studies, Rutgers University-Newark), The Most Important Fish in the Sea is the true story the menhaden--a small, unappetizing fish harvested for its omega protein
used in everything from animal feed and oil to linoleum and lipstick.
Burns' real-life counterpart is Malcolm Glazer, a billionaire tycoon who controls Omega Protein
, a corporation that claims to benefit society because every year it sweeps hundreds of millions of fish from the sea, grinds them up, and turns them into high-protein animal feed, fertilizer, and oil used in linoleum, soap, lubricants, health-food supplements, cookies, and lipstick.
Reedville's Omega Protein
Corporation is the most productive non-governmental fish processing facility in the world.
In 1997, von Rosenberg became CEO of Houston-based Omega Protein
, a fish-processing enterprise that was founded in 1913.