Omega Protein Corp., a nutritional ingredient company and producer of omega-3 fish oil and specialty fish meal products, has announced the acquisition of Wisconsin Specialty Protein, a manufacturer of specialty whey protein products headquartered in Madison, Wis.
“We are excited to further execute on our human nutrition growth strategy by expanding our presence in specialty proteins,” said Bret Scholtes, Omega Protein’s President and CEO. “As a highly sought after and differentiated ingredient, whey protein is a great complement to our existing line of value-added ingredients and advances our goal of providing sustainable, vital nutrition ingredients to the world. This acquisition positions Omega Protein to further leverage our human nutrition business through greater internal innovation, expanded distribution channels, and additional strategic capital investment opportunities.”
Wisconsin Specialty Protein produces a variety of value-added whey protein ingredients for the food and nutritional supplement industries, including organic and other specialty protein products, using processes applicable to a variety of nutritional dairy ingredients. The acquisition is expected to be accretive to earnings in 2013.