02 October 2015

BlueWave Marine Ingredients Sells Majority Stake of Shares

BlueWave Marine Ingredients is a company that produces ultra-low molecular weight fish peptides from sustainable marine sources for human and animal nutrition. The ultra-low molecular weight peptides are known for their digestibility, purity, and bioavailability. BlueWave has factories in four locations: Peru, Ecuador, Spain, Morocco. The majority stake of its shares have been sold to 3D Corporate Solutions LLC. 3D is an employee-owned company that produces and sources nutritional ingredients for pets, animal feed, and human food.

BlueWave CEO, Michael Mussell said, “During the last 4-5 years, we expanded our platform with strategic partners and four new factories utilizing a proprietary/patented process technology. It is an ideal time for a strong marketing partner and 3D is a perfect fit.”

3D CEO, Scott Walker said, “BlueWave is a key acquisition for us as we move forward. It jump starts our marine platform, allows us geographic presence outside North America, and BlueWave’s Peruvian facility links well to our growing Human/Functional Nutrition business.”
   

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