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Market Updates

Omega Protein Acquires Cyvex Nutrition

Omega Protein Corporation, Houston, TX, producer of omega 3 fish oil and specialty fish meal products, has acquired Cyvex Nutrition, Inc., Irvine, CA. Matthew Phillips, Cyvex’s president and COO, will continue with Cyvex as its new CEO. Gilbert Gluck, founder and former owner of Cyvex, will continue to assist Cyvex as a consultant. “The acquisition of Cyvex provides Omega Protein with a strong line of non-marine based products and a stronger omega 3 distribution network for OmegaPure, our proprietary refined menhaden fish oil,” said Joe von Rosenberg, Omega Protein’s Chairman of the Board, president and CEO.

In other news, Cyvex has renewed and expanded its distribution agreement with CK Nutritional Ingredients, Toronto, Ontario, Canada. Effective through 2013, C.K. Foods will continue to market and sell Cyvex’s complete library of antioxidant and nutraceutical ingredients in Canada.

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