Israeli microalgae company sold for $50 million

UK’s Grovepoint Capital has bought Israeli start-up Algatechnologies – manufacturer of AstaPure (astaxanthin) – a powerful antioxidant from the microalgae Haematococcus pluvialis. Asta Pure is used as a nutritional supplement and component in cosmetics.
http://www.globes.co.il/serveen/globes/docview.asp?did=1000820990&fid=1725

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