Sep
08 2010

Aker BioMarine Adds Sales and Marketing Resources for U.S. Market

Aker BioMarine Antarctic US Inc. added two new staff members who will concentrate on the North American market. Eric Anderson was named vice president of sales and marketing and Todd Norton was appointed to vice president of new business development.

Anderson was formally Brands Manger at PL Thomas, and Norton was chief operating officer at AM Todd Botanicals. Anderson and Norton are tasked with the responsibility to educate the natural products industry and consumers on the unique health benefits of krill and Aker’s unique Eco-Harvesting™ practices.

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From Issue 11 • Categories: Tags: Aker Biomarine, fish oil, functional ingredients, krill oil, marine ingredients, omega 3, seafood byproducts • No Comments

Sep
03 2010

New Aker JV to acquire EPAX in €70 million deal

Newly formed Trygg Pharma – a joint venture between krill player Aker BioMarine and New York-based private investment firm Lindsay Goldberg – has agreed to pay NOK 561 million (€71.2 million) for the Epax shares. Trygg will also assume the net interest bearing debt of Epax, which was NOK 314 million (€39.8 million) as of 31 December 2009.

The transaction – subject to the customary closing conditions – is expected to close in the final quarter of 2010, said the companies.

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From Issue 11 • Categories: Tags: Aker Bio, Aker Biomarine, Epax, fish oil, krill oil, marine drugs, marine ingredient, marine ingredients, nutraceutical, omega 3, pharmaceutical • No Comments

May
26 2010

Aker Biomarine’s Krill Fisheries Receives Marine Stewardship Council Certification

Aker BioMarine has today received confirmation that its krill fisheries will be certified by the Marine Stewardship Council (MSC), an independent, global, non-profit organization that works to promote the best choices in sustainable seafood.

In future purchases of Aker BioMarine’s Superba(tm) and Qrill(tm) products, consumers can be assured that their Omega-3 rich krill products are harvested in an environmentally sustainable way.

MSC’s fishery certification program contributes to the health of the world’s oceans by recognizing and rewarding sustainable fishing practices, influencing the choices people make when buying seafood and working with partners to transform the seafood market to a sustainable basis. The MSC certification is a visible demonstration of Aker BioMarine’s long term commitment to the environment.

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From Issue 10 • Categories: Tags: Aker Biomarine, Aquapreneur, fish oil, functional ingredients, krill oil, marine extract, marine ingredients, omega 3, sustainable • No Comments

May
04 2010

Aker BioMarine signs first agreement for Superba Krill in Asia

Aker BioMarine has signed a distributor agreement with Compson Trade Co., Ltd for the Taiwanese market. This is the first step into the Asian market for Superba Krill and a milestone for Aker BioMarine.

“We are proud to work with a company like Compson Trade, and they have so far impressed us with their ambitions, dedication and high level of competence”,  says Matts Johansen, Executive Vice President in Aker BioMarine.

Compson Trade was founded 15 years ago by Charlie Wu, and has through it’s focus on marketing, innovation, quality and customer service, grown to the leading supplier of dietary and pharmaceutical material in Taiwan. Aker BioMarine’s Superba Krill will with its new agreement have the best possible position to have success in Tawian.

From Issue 10 • Categories: Tags: Aker Biomarine, fish oil, krill oil, marine ingredients, omega 3, sustainable • No Comments

Mar
28 2010

Norwegian Aker agrees to expand loan to Aker BioMarine by NOK 20 million

Norwegian biotechnology company Aker BioMarine ASA (OSL: AKBM) said it agreed today with its main owner, industrial holding Aker ASA (OSL:AKER), to expand the short-term loan from it with NOK20m.

In September 2009, Aker BioMarine said it will borrow up to NOK90m from Aker. The company would initially get a loan of up to NOK50m and the remainder would be made available when it had presented a refinancing plan and got it approved by Aker.

Since then, Aker BioMarine has had a positive development with sales growth and a good start to the fishing season, which, however, has led to a need for an increased working capital.

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From Issue 9 • Categories: Tags: Aker Biomarine, krill oil, marine ingredients, omega 3 • No Comments