As a result of the agreement, ONC acquired the rights to exclusive use of GAT’s unique and patented ‘wowCAPS’ technology, in the omega-3 space. In addition, ONC acquired all GAT’s existing, global omega-3 customer base, which includes customers in Australia, Europe, North America and South America.
With this acquisition, ONC strengthens its position as the world’s largest omega-3 EPA/DHA solutions provider to the food, beverage and dietary supplement markets.
“We’re pleased to be bringing our technology and expertise to the omega-3 market leader,” said Miguel Gimeno, co-CEO of GAT Food Essentials. “We believe that ONC, because of its worldwide reach and best-in-class marketing, is the ideal partner to expand the adoption of this technology by the major food companies of the world as they develop and launch omega-3 enriched products.”
Source: Ocean Nutrition Canada
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