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Food Ingredients
Solabia buys algae firm Algatech
by Melody M. Bomgardner
May 30, 2019
| A version of this story appeared in
Volume 97, Issue 22
Solabia Group, a French natural-ingredients company, has acquired the Israeli microalgae specialist Algatech for an undisclosed sum. Solabia says it will support Algatech’s R&D and production capabilities so the firm can serve growing global demand for microalgae. Algatech raises algae in large photobioreactors and supplies them to manufacturers of nutrition, cosmetic, and food products.
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