M&A Deal Summary |
|
|---|---|
| Date | 2010-09-03 |
| Target | Epax AS |
| Sector | Life Science |
| Buyer(s) | Trygg Pharma |
| Sellers(s) | Austevoll Seafood |
| Deal Type | Divestiture |
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Trygg Pharma is a Norwegian-based 50/50 joint venture with Aker BioMarine. TPH is a manufacturer of marine-based omega-3 EPA/DHA concentrates for nutraceutical and pharmaceutical applications. EPAX, TPH’s nutraceutical division, is a long-standing leader in marine-based omega-3 EPA/DHA fatty acid concentrates for nutraceutical manufacturers and marketers, with a focus on the high concentrate segment. Trygg Pharma, TPH’s pharmaceutical division, is completing a Phase III FDA study on an omega-3-based drug candidate for hypertriglyceridemia. Trygg Pharma was founded in 2009 and is based in Oslo, Norway.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Life Science M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: Norway M&A | 1 of 1 |
| Year: 2010 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-07-24 |
Epax AS
Oslo, Norway Epax is a manufacturer of bulk marine Omega-3 oils for use in dietary supplements and functional foods. Epax was the former industrial brands division of Pronova Biocare and this divison was demerged from Pronova in December 2005. |
Sell | $345M |
| Category | Company |
|---|---|
| Founded | 1981 |
| Sector | Food |
| Employees | 6,908 |
| Revenue | 35.4B NOK (2024) |
Austevoll Seafood engages in the pelagic fishery and seafood businesses in Chile, Norway, the United Kingdom, Ireland, and Peru. Austevoll Seafood was founded in 1981 and is based in Storeb¸, Norway.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Life Science M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: Norway M&A | 1 of 1 |
| Year: 2010 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-02-02 |
Welcon Invest AS
Oslo, Norway Welcon Invest AS produces fishmeal, protein concentrate, and fish oil in Northern Europe. The company was founded in 2003 and is based in Oslo, Norway. |
Buy | - |