Spectrum Brands (SPB) Global Pet Care Acquires Top Aquatics Nutrition and Care Manufacturer Omega Sea

March 11, 2020 4:13 PM EDT

Spectrum Brands Pet, LLC, an indirect subsidiary of Spectrum Brands Holdings, Inc. (NYSE: SPB; "Spectrum Brands"), a leading global branded consumer products company committed to delivering strong brands and exciting innovation, announces the acquisition of substantially all of the assets of Omega Sea LLC to add to its Global Pet Care portfolio of aquatics brands.

Headquartered in Painesville, Ohio, Omega Sea is a global aquatics nutrition business that manufactures and markets premium fish food products, primarily under the Omega One® brand.

"Over the past 20 years, Omega Sea has relied upon a foundation of passionate hobbyists, retailers and employees," said Jim Randall, President, Omega Sea. "We truly value their support and are excited to build upon our legacy of innovation and unsurpassed nutrition."

Omega Sea joins Spectrum Brands Global Pet Care's industry-leading consumer and commercial aquatics lines, including Marineland® aquarium filtration products, kits, tanks and lighting; Tetra® aquarium nutrition, water care and filtration products; GloFish® fluorescent fish and accessories; and Instant Ocean® sea salt.

"We are excited to add Omega Sea's well-respected brands and unique products to our existing portfolio of top-quality pet products," said John Pailthorp, President, Spectrum Brands Global Pet Care. "This investment will allow us to leverage Omega Sea's strong relationships with U.S. pet specialty and independent retailers and combine that with the scale and resources of Spectrum Brands to fuel growth for the future."

"Our priority is to maintain the current level of service for all of Omega Sea's customers and consumers, and we will continue to operate each business with no immediate change to daily operations," Pailthorp said.

Genesis Capital, LLC, acted as financial adviser to Spectrum Brands Holdings, while Husch Blackwell LLP provided legal counsel.

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