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

NameRoleTypeDescription
Zinzino ABBidding CompanyCompanyA Swedish biotech company focusing on health supplements and biotechnology advancements.
Xion International GroupTarget CompanyCompanyAn Andorra-based company specializing in pioneering photobioreactor systems for algae production.
Dag Bergheim PettersenCEO of ZinzinoPersonChief Executive Officer overseeing Zinzino's strategic initiatives and growth.
Tino BacchettaFounder of XionPersonFounder and bioengineer at Xion, involved in developing advanced bioreactor technology.
DNB Carnegie Investment Bank ABCertified AdviserCompanyFinancial adviser for Zinzino, likely involved in the negotiations for this transaction.