Epax AS Announces De-Merger with Pronova Biocare

Epax AS Announces De-Merger with Pronova Biocare
Epax AS, Lysaker, Norway, formerly a division of Pronova Biocare, has announced a de-merger from its previous parent company. A producer of concentrated omega 3 EPA/DHA oils in the business-to-business segment, Epax AS will be able to solely focus on producing its high quality, high purity oils under the Epax brand name. The de-merger announcement comes at an ideal time for Epax AS, as the company experienced a productive year in 2005, posting 25% growth.