BIOMEGA GROUP INVESTS IN NEW BIOREFINERY IN DENMARK TO SUPPORT GROWTH IN HUMAN HEALTH & NUTRITION
Biomega Group (‘Biomega’), a number one biosciences firm producing high-quality marine elements, has introduced the growth of its biorefining footprint by investing in a brand new greenfield website in Hirtshals, Denmark.
The new biorefinery follows the corporate’s current improve of its flagship website, strategically positioned on the west coast of Norway, close to Bergen.
Biomega makes use of its distinctive patented steady enzymatic hydrolysis course of to softly rework contemporary salmon elements into excessive worth, meals grade, hydrolysed salmon proteins and oils for the premium meals and petfood, well being and diet sectors.
The funding features a purpose-built website to increase manufacturing capability and help the corporate’s plans to develop its new Biomega PURETM salmon peptide enterprise for the human well being and diet market, which is due for launch in 2021. It may even facilitate continued development of its extremely profitable SalmigoTM vary designed for premium petfood segments.
Stig Petersen, CEO at Biomega, commented: “Hirtshals, Denmark, is a crucial gateway for salmon into Europe with native volumes rising considerably year-on-year. We are partnering with key native suppliers of high-quality contemporary salmon elements. Biomega has obtained great help from the native authorities, Hjørring municipality and Hirtshals Harbor administration for the event of the challenge. We are delighted to announce this strategic transfer, involving a double-digit million EUR funding in a model new facility, to help our development plans in premium human and petfood diet functions.”
Biomega has 4 patents for its steady biorefining course of and has invested over 20 years in analysis and growth in sustainable diet and biorefining. The newest funding sees the corporate reinforce its ethos of being an envoy for the round financial system by rising its capability to upscale marine uncooked supplies, with additional geographic growth already in planning.
Stig Petersen additional commented: “Biomega has demonstrated vital development up to now couple of years, and we now have expanded our group significantly consequently. The alternatives for our salmon peptides and oils are in depth and, alongside our gross sales within the premium petfood section, we are able to now give attention to human diet. We are working with various prospects to commercialise well being and diet ideas supported by client market tendencies and we’re excited by the chance that Hirtshals brings to increase our enterprise.”
AMERRA Capital Management, which acquired Biomega in 2017, invested extra capital for the execution of this challenge alongside Natixis Investment Managers affiliated asset supervisor Mirova Natural Capital, and a number of other members of the administration group, together with the unique founders of Biomega.
Manuel Ferreira Gomes from AMERRA commented: “This is a transformational step for Biomega and an vital piece of our unique funding thesis. We are additional inspired by the participation of the administration group on this funding spherical, and by the Althelia Sustainable Ocean Fund, managed by Mirova, which reinforces Biomega’s dedication to sustainable diet and seafood manufacturing.”
Simon Dent from Mirova added: “We are delighted to make an funding in Biomega to assist increase their enterprise and ship round financial system options to uncooked materials administration in seafood provide chains, thereby transferring this uncooked materials into excessive worth meals merchandise by means of biorefining.”
For additional info on Biomega and its actions, go to: biomegagroup.com/