Enreco Inc., Newton, Wis., completed the sale of its flaxseed milling and bulk distribution assets today, retaining its Omega Fields retail products distribution division, which markets Omega 3-rich supplements for human and animal nutrition worldwide. Grain Millers Inc., Eden Prairie, Minn., assumed ownership of Enreco's intellectual and physical property, excluding Omega Fields, on June 20.
"The decision to divest the Enreco milling operations to Grain Millers was one that I believe was the best to ensure the accomplishment of our mutual goals of growing the flax-based ingredient opportunity," says Sean Moriarty, Enreco and Omega Fields president. “Now, with all of our energies and resources focused on the Omega Fields retail supplements segment, we can better support our distributors and retailers, bolster our R&D efforts and have a much greater effect in the market."