Zinzino Initiates Negotiations For Part Ownership in Andorra-Based Xion International Group For Further Development of Proprietary Omega-3 Oil and Spirulina
Zinzino has initiated a process to acquire 35% of Xion International Group in order to form a joint venture to produce algae using bioreactors.
The expanded collaboration is another strategically important step in Zinzino‘s growth plans, which focus on improving personal health and well-being on a global scale with innovative biotechnology and a pioneering product portfolio marketed through direct sales.
Xion is an innovative, proprietary production company based in Spain that has developed one of the world’s first high-tech photobioreactor systems for producing the nutrient-dense microalgae spirulina. Xion’s pioneering, award-winning technology, combined with a cultivation method based on nature’s own principles, sets a new standard for sustainable, efficient, and clean production and creates great opportunities for large-scale cultivation and production of all types of photosynthetic, plant-based algae.
Zinzino has initiated negotiations for future co-ownership in Xion to develop the cultivation method and production of microalgae and secure a future sustainable raw material supply of omega-3 for the company’s main product, BalanceOil+, a polyphenol-rich, omega-balancing dietary supplement. This is a very important, strategic initiative to meet the increased need for the product arising from Zinzino’s