Powered by

Neptune Acquires Biodroga, Creating New Growth Platform

Jan 07, 2016 - GlobeNewswire
Mergers and Acquisitions

LAVAL, Québec, Jan. 07, 2016 (GLOBE NEWSWIRE) -- Neptune Technologies & Bioressources Inc. ("Neptune" or the "Corporation") (NASDAQ:NEPT) (TSX:NTB), announces that it has acquired Montreal based, privately held, Biodroga Inc. for $15 million in a combination of cash and stock.  All amounts in Canadian dollars.  

Biodroga is a leading solution provider of omega-3's and other functional ingredients to branded marketers in the nutraceutical industry, primarily in North America.  Their ...