Israeli flavors and specialty natural ingredients company Frutarom has purchased 50% of Algalo Industries, based at Kibbutz Ein Hamifratz near Haifa. Algalo has a unique and innovative method for cultivating algae that contain active ingredients for the food nutrition industry.
http://www.globes.co.il/en/article-frutarom-invests-26m-in-israeli-algae-co-algalo-1001093022