Volume 90 Issue 30 | p. 14 | Concentrates
Issue Date: July 23, 2012

Trygg Pharma Buys U.K. Factory

Department: Business
Keywords: neutraceutical, acquired, manufacturing

Trygg Pharma, a Norwegian producer of omega-3 concentrates for food and pharmaceutical applications, has acquired a facility in Seal Sands, England, from the drugmaker Lundbeck for $20 million. The facility has been mothballed since Lundbeck switched production to other European sites three years ago. Trygg says it plans to restart the plant to produce omega-3 from fish oil. Oslo-based Aker BioMarine and Lindsay Goldberg, a New York City-based private equity firm, jointly own Trygg.

 
Chemical & Engineering News
ISSN 0009-2347
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