Axellus Group Acquires Denomega

Strengthening its investment in marine oils the Axellus Group has acquired omega 3 manufacturer Denomega from Borregaard. Under the takeover agreement, Denomega Pure Health becomes a separate division of Axellus. Denomega is an international supplier of odor and taste-free omega 3 oils manufactured from sustainable Norwegian and North Atlantic marine raw materials. The company primarily serves customers in the dietary supplement, nutrition and health segments. Axellus has expertise in consumer insight and the production, marketing and sale of dietary supplements to the international consumer market.

“This acquisition will strengthen our Norwegian supply chain,” said Stig Ebert Nilssen, Axellus CEO. “By consolidating omega 3 expertise, we will generate exciting opportunities for innovation, both within our own omega 3 brands and for our international customers.”