Omega Sea has been acquired by Spectrum Brands Holdings

Omega Sea has been acquired by Spectrum Brands Holdings

Spectrum Brands Holdings, Inc. (NYSE:SPB) has acquired Omega Sea, LLC (“Omega”), a Painesville, Ohio-based specialty manufacturer of premium fish food products primarily sold under the Omega One brand. Spectrum acquired Omega from an investment group led by Austin Capital Partners. EdgePoint served as the exclusive financial advisor to Austin Capital Partners and Omega Sea, LLC. Terms of the transaction were not disclosed.

Founded in 1998, Omega is a specialty manufacturer and distributor of premium fish foods and consumable goods for the home and commercial aquarium markets. Omega enjoys a highly identifiable brand differentiated by its story, ingredients, and benefits. The Company is best known for its Omega One brand and a proprietary manufacturing process using fresh seafood ingredients.

Spectrum Brands Holdings, Inc. headquartered in Middleton, WI, is a leading global branded consumer products company. Spectrum’s global pet care business includes industry leading consumer and commercial aquatics brands and product lines, including Tetra aquarium nutrition, Instant Ocean sea salt, Marineland aquarium products.

Austin Capital Partners is a private investment management company headquartered in Cleveland, Ohio that creates value through investments in lower middle market companies, principally in the Midwest, on behalf of a network of private investors.

EdgePoint is a leading investment banking firm focused on providing middle market business owners with merger and acquisition advisory services.