Cooke Aqauaculture said Tuesday it completed its acquisition of Omega Protein Corporation.

Cooke acquired all outstanding shares of Omega Protein for $22 (€18.5) per share in cash, about $500 million in total.

"The acquisition of Omega Protein will help further diversify the supply side of our business and supports our strategy of responsible growth as a leader in seafood production," said Cooke CEO Glenn Cooke.