Zinzino: Strategic Co-Ownership in Xion to Enhance Omega-3 Production
Deal News | Jul 14, 2025 | PR Newswire Cision Zinzino
Zinzino AB, a Swedish company specializing in biotechnology and health supplements, has entered negotiations to acquire a 35% stake in Xion International Group, an Andorra-based company known for its pioneering photobioreactor technology for spirulina production. This strategic move aims to enhance Zinzino's portfolio with sustainable, algae-derived omega-3 solutions. By securing co-ownership, Zinzino plans to leverage Xion’s intellectual property and scale its proprietary BalanceOil+ supplement production globally. This partnership aligns with Zinzino’s growth strategy, which has included recent acquisitions and is aimed at expanding into new markets and ensuring a sustainable supply of raw materials. Xion, currently a small-scale operation with sales of about EUR 1.3 million, offers Zinzino the opportunity to integrate high-tech algae production methods into its business model, mitigating reliance on traditional fish oil resources. The joint venture is expected to form a new entity, PhytoFerm, focusing on next-generation bioreactor-based nutritional solutions. The negotiations are anticipated to conclude in the second half of 2025, marking a significant step in Zinzino's ambition to lead the omega-3 market.
Sectors
- Biotechnology
- Health and Wellness
- Nutraceuticals
Geography
- Sweden – Zinzino, the primary company mentioned, is based in Gothenburg, Sweden.
- Andorra – Xion International Group, the target company for acquisition, is based in Andorra.
- Spain – Although Xion is based in Andorra, its innovative production activities and related developments are conducted in Spain.
Industry
- Biotechnology – The article discusses Zinzino's initiative to use advanced biotechnology through Xion's photobioreactor systems for spirulina production, which is integral to developing sustainable algae-based omega-3 products.
- Health and Wellness – Zinzino's strategic move is focused on enhancing its product line with omega-3 dietary supplements, which are pivotal in personal health and nutrition.
- Nutraceuticals – The development and production of omega-3 supplements signify a direct involvement in the nutraceutical industry, emphasizing nutrition-based health improvements.
Financials
- 35% – The percentage stake Zinzino intends to acquire in Xion International Group.
- EUR 1.3 million – The current turnover of Xion International Group.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Zinzino AB | Bidding Company | Company | A Swedish biotech company focusing on health supplements and biotechnology advancements. |
| Xion International Group | Target Company | Company | An Andorra-based company specializing in pioneering photobioreactor systems for algae production. |
| Dag Bergheim Pettersen | CEO of Zinzino | Person | Chief Executive Officer overseeing Zinzino's strategic initiatives and growth. |
| Tino Bacchetta | Founder of Xion | Person | Founder and bioengineer at Xion, involved in developing advanced bioreactor technology. |
| DNB Carnegie Investment Bank AB | Certified Adviser | Company | Financial adviser for Zinzino, likely involved in the negotiations for this transaction. |