French group Solabia buys kibbutz-based algae-maker Algatech for $100m!
This is excellent news for the Algea industry.
I believe AEB has the most outstanding technology in algae industry and a greater diverse range of products. Therefore, I will be pissed off if the company sell the Atlanta facility for $10-15 million, especially if Genco and Earl are involved.
Already as is, they have 100t production capacity and have begun making money.
Emil.
