Marine Genetics to buy Ampro in fish meal and oil consolidation.(American Proteins)

Chemical Market Reporter, November, 1997 by Scheraga, Dan

THE LARGEST US PROVIDER of fish meal and oil has bolstered its presence with a new acquisition. Zapata Corporation's $120 million Marine Genetics Corporation unit has added to its portfolio the US fishing and production assets of American Proteins Inc. Marine Genetics was known as Zapata Protein Inc.

until last month, when the division was renamed. The new moniker was designed to reflect the unit's shift in focus over the past decade from commodity to value-added products, according to Avram Glazer, president and CEO of Zapata. "The assets we have acquired from Ampro fit very well into our existing operations and the acquisition is fully consistent with our strategy to become the world leader in the marine protein industry," says Joseph L. von...

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