M&A Deal Summary

Pelagia AS Acquires FMC - Epax Omega-3 Business

On June 23, 2017, Pelagia AS acquired chemicals company FMC - Epax Omega-3 Business from FMC

Acquisition Highlights
  • This is Pelagia AS’s 1st transaction in the Chemicals sector.
  • This is Pelagia AS’s 1st transaction in the United States.
  • This is Pelagia AS’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2017-06-23
Target FMC - Epax Omega-3 Business
Sector Chemicals
Buyer(s) Pelagia AS
Sellers(s) FMC
Deal Type Divestiture

Target

FMC - Epax Omega-3 Business

Philadelphia, Pennsylvania, United States
FMC Corp. - Epax Omega-3 Business is a global brand of concentrated marine-based omega-3 fatty acids for dietary supplement and pharmaceutical preparations. The Epax Omega-3 product line will complement Pelagia’s existing product offerings and add to the strategy of increasing our portfolio of value added products.

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Buyer(S) 1

Buyer

Pelagia AS

Bergen, Norway

Category Company
Sector Food
DESCRIPTION

Pelagia AS is a producer of pelagic fish products for human consumption, and an important supplier of essential ingredients in all kinds of fish- and animal feed; protein concentrate, fishmeal, and fish oil.


DEAL STATS #
Overall 1 of 1
Sector: Chemicals M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1

Seller(S) 1

SELLER

FMC

Philadelphia, Pennsylvania, United States

Category Company
Founded 1883
Sector Chemicals
Employees5,700
Revenue 4.2B USD (2024)
DESCRIPTION

FMC is an American chemical manufacturing company. It is a diversified chemical company serving agricultural, industrial, environmental, and consumer markets globally for more than a century with innovative solutions, applications and quality products. FMC was incorporated in 1883 and is based in Philadelphia, Pennsylvania.


DEAL STATS #
Overall 6 of 6
Sector: Chemicals M&A 5 of 5
Type: Divestiture M&A Deals 5 of 5
State: Pennsylvania M&A 3 of 3
Country: United States M&A 4 of 4
Year: 2017 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-31 FMC - Health & Nutrition Business

Philadelphia, Pennsylvania, United States

FMC Corp. - Health & Nutrition Business is a highly profitable business with leading positions across the vast majority of its portfolio, deep applications knowledge and an extensive global network of laboratories and manufacturing facilities.

Sell $1.2B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-06 Isagro - Fluindapyr Active Ingredient Assets

Italy

Isagro S.p.A. - Fluindapyr Active Ingredient Assets is an important SDHi molecule that combats a variety of diseases in row crops, specialty crops, and turf.

Buy €55M