PE-backed Bioriginal Food & Science acquired for $70 mln
Bioriginal Food & Science Corp, a supplier of plant and marine specialty oils and fatty acids to food and nutraceutical industries, was recently bought by Omega Protein Corp (NYSE: OME). The purchase price was approximately US$70.5 million, plus $0.7 million for estimated working capital adjustments. Based in Saskatoon, Saskatchewan, Bioriginal was a portfolio company of Canadian private equity firm Westbridge Capital. Westbridge partnered in Bioriginal's management buyout in April 2013. With headquarters in Houston, Texas, Omega is a nutritional product company.
22 September 2014•5 mins read
