Cooke buys feed company

Liza Mayer  December 21, 2017  

Salmon producer Cooke Aquaculture has acquired feed producer Omega Protein Corporation for $500 million.

The purchase marks the largest acquisition made by Cooke in its 32-year history, said Cooke CEO Glenn Cooke. He said the move will help further diversify the supply side of Cooke Aquaculture's business.

NYSE-listed Omega Protein produces dietary supplements and animal feeds. It is headquartered in Houston, Texas and has seven manufacturing facilities in the United States, Canada and Europe.

Omega Protein CEO Bret Scholtes