Fish oil producer Zapata has rejected an unsolicited US$45 per share cash offer to acquire the company.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


Zapata’s board said that accepting the offer from Hollingsworth, Rothwell & Roxford would not be in the best interest of Zapata or its shareholders.


Zapata, which was founded as an oil and gas company by former US president George Bush nearly 50 years ago, owns Omega Protein, the US’ largest producer of fish meal and fish oil.
 

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now