Omega Protein acquires whey maker
March 5, 2013
by Eric Schroeder
HOUSTON — Omega Protein Corp., a nutritional ingredient company and a producer of omega-3 fish oil and specialty fish meal products, has acquired 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, president and chief executive officer of Omega Protein.
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.
“Our combination with Omega Protein will fuel our strategy to provide unique, dairy-based nutritional ingredients to the most demanding global customers,” said Terry Olson, president of Wisconsin Specialty Protein. “We expect our expanded team and capabilities to provide a solid platform for continued innovation.”