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Slide #2. FMC Corporation — Epax Nutra Holding III AS and Epax UK Holding III AS
FMC Corporation (NYSE:FMC)
Epax Nutra Holding III AS and Epax UK Holding III AS
FMC Corporation (NYSE:FMC) today announced that it has acquired all of the shares of Epax Nutra Holding III AS (Norway) and Epax UK Holding III AS (United Kingdom) (together, "Epax"), a leading manufacturer of high purity, premium grade Omega-3 fatty acid concentrates that are used in nutraceuticals, pharmaceuticals and food. Epax was part of Trygg Pharma Group AS ("Trygg Pharma"), an Omega-3 pharmaceutical company. This acquisition strengthens and expands FMC's presence in the high growth nutraceutical market.
FMC is an agricultural sciences company. Co. provides solutions to growers with a product portfolio in crop protection, plant health, precision agriculture, and pest and turf management. Co.'s portfolio includes insect control products based on Rynaxypyr® and Cyazypyr® active ingredients; Authority®, Boral®, Centium®, Command® and Gamit® herbicides; Isoflex active herbicide ingredient; Talstar® and Hero® insecticides; and flutriafol-based fungicides. Co.'s portfolio also includes Arc farm technology and biologicals such as Quartzo® and Presence® bionematicides. Co.'s products are used in agriculture for crop yield and quality, and in non-agricultural markets for pest and turf management.
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Strong Buy (3.73 out of 4)