Ocean Nutrition Canada Announces Acquisition of Exclusive License to GAT Food Essentials, Omega-3 Microencapsulation-Emulsion Technology
By Ocean Nutrition Canada Ltd., PRNESunday, July 11, 2010
DARTMOUTH, Canada, July 12, 2010 - Ocean Nutrition Canada (ONC) supplier of the most trusted source of
Omega-3, EPA/DHA, food and dietary supplement ingredients, announces today
the acquisition of the exclusive global marketing and distribution rights to
GAT Food Essentials (GAT) Omega-3 microencapsulation-emulsion technology.
As a result of the agreement, ONC acquired the rights to exclusive use of
GAT's unique and patented "wowCAPS(R)" 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.
With proven success in over 40 different applications from milk to baby
food, from cooking oil to peanut butter and from bread to cookies, no one
matches ONC's Omega 3 food applications capabilities, and GAT's
microencapsulation-emulsion technology will allow ONC to further expand its
range of applications.
The food companies currently using GAT's "wowCAPS(R)" technology for
Omega 3 will now benefit from using ONC's MEG-3(R) fish oil, the most
trusted source of Omega-3 EPA and DHA, while using the same proven
microencapsulation-emulsion technology they have been using in the past.
In addition, these companies will benefit from ONC's turn-key marketing
support and capabilities.
"We are very pleased to be bringing our technology and expertise to the
Omega-3 market leader. We believe that ONC, because of its world-wide 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." said Miguel Gimeno, Co-CEO of GAT
Food Essentials.
"With GAT's microencapsulation-emulsion technology in the same portfolio
as our patented Powder-loc(TM) microencapsulation technology platform and
product line, our ability to meet customer requirements across a spectrum of
food applications and food processing conditions is unmatched in the
industry. ONC is committed to providing its customers a variety of solutions
to meet all of their Omega-3 EPA/DHA needs regardless of the application."
said Jon Getzinger, Chief Sales and Marketing Officer, ONC.
About Ocean Nutrition Canada Limited (ONC):
Ocean Nutrition Canada is a privately held Canadian company. ONC is the
world's largest supplier of Omega-3 EPA and DHA ingredients from fish oil,
marketed into the dietary supplement and food manufacturing markets. To
date MEG-3(R) ingredients have been included in almost 80 billion servings
of food and supplement products world wide. For more information on the
health benefits of MEG-3(R) ingredients please visit www.meg-3.com.
About GAT Food Essentials:
GAT Food Essentials (GAT) is a recognized microencapsulation specialist
focusing on the stabilization of sensitive active ingredients - such as PUFAs
(omega-3), nutritional oils, antioxidants, minerals, and vitamins - for the
functional food and beverage industry. GAT's strength lies in providing a
natural, easy-to-use, and stable technology solution (wowCAPS(R) technology)
for the incorporation of a variety of active ingredients into food and
beverage applications.
GAT is a young and fast growing technology company with a global sales
and distribution network and partners in Europe, the Americas, Australia &
New Zealand and the Middle East. For more information on GAT Food Essentials
and its wowCAPS(R) technology, please visit
www.gat-foodessentials.com.
For further information: Joanna Lane, Ocean Nutrition Canada Ltd., Tel:
+1-902-480-3288, Cell: +1-902-488-0141, jlane@ocean-nutriton.com;
www.ocean-nutrition.com
For further information: Joanna Lane, Ocean Nutrition Canada Ltd., Tel: +1-902-480-3288, Cell: +1-902-488-0141, jlane at ocean-nutriton.com
Tags: canada, Dartmouth, July 12, Ocean Nutrition Canada Ltd.