Following an extensive restructuring, AlgaEnergy is proud to partner with DE SANGOSSE Group through a soon to be finalized deal that will enable a concentrated focus on its agricultural markets. Previous business verticals including cosmetics, bioenergy, aquaculture and nutraceuticals will be discontinued, allowing a single-minded focus on solutions for agricultural markets, specifically agribiological inputs (biostimulants, biofertilizers and biocontrol).
The new agricultural business unit, wholly owned by DE SANGOSSE and named AE AGRIBIOGICALS, S.L. -AEA-, will make it possible to expand the microalgae biotechnology activities pioneered by AlgaEnergy S.A. worldwide, now through a vehicle exclusively dedicated to the agricultural sector.
DE SANGOSSE, a French group of companies, is a global leader in agricultural biosolutions. On the strength of its recognized experience, DE SANGOSSE has been operating with agility and success for many years globally in agricultural supplies by promoting a process of progressive and sustainable crop itineraries. With 1,150 employees, a turnover in excess of 420 million euros, 23 production units, 27 operating companies and sales in more than 60 countries, DE SANGOSSE has established itself as one of the world's leading providers of innovative and sustainable solutions for agriculture.
The legal advisors and M&A experts of both entities have designed an agile investment process, in line with the needs set by the context of the company and the transaction itself, which involves the liquidation of AlgaEnergy S.A. The deal is now in the last steps towards its completion and pending approval by the competent bodies. In this context, AlgaEnergy S.A. will be substituted by AEA, and all its subsidiaries around the world will continue with business as usual, as they were already commercial entities dedicated exclusively to agriculture. Once the process is completed, all assets and value related to the agricultural business will be transferred to the new company, AEA, including the AlgaEnergy brand, which will continue to be used in the market.
Importantly, the partnership with DE SANGOSSE will ensure the consolidation and enhanced development of the industrial biotechnologies as well as the innovative, sustainable and efficient products derived from microalgae (a.k.a. phytoplankton). As part of this transaction, AlgaEnergy’s main assets will be incorporated into AEA, including nearly 100 employees from the various companies that make up the AlgaEnergy group, as well as its production and processing plants, its international network of subsidiaries, its technologies, patents and trademarks related to agriculture, and its commercial network, which already serves more than 4 million farmers who rely on the solutions developed by AlgaEnergy worldwide.
With focused resources -estimated in double-digit million euros figure-, DE SANGOSSE will contribute to improve the position of the AlgaEnergy group of companies as a global leader in microalgae for agriculture, through the increase of specialized personnel in this area of science, investments in CAPEX, improvement of facilities, agricultural R&I, marketing, etc.
On the occasion of this strategic association, Mr. Nicolas Fillon, CEO of DE SANGOSSE Group, made the following remarks:
“Over the last 15 years DE SANGOSSE, has grown to become an international agricultural technology company. We focus on addressing agricultural key-challenges, providing to our customers alternatives to conventional chemical-based pesticides and fertilizers for a more sustainable food supply and for an enhanced biodiversity. As a leader in biosolutions, our proprietary portfolio is offering to farmers a complete range of biofertilizers, biostimulants, adjuvants and biocontrol products. It is part of our philosophy to invest in innovation and the most efficient solutions based on sound science and robust technical features, so AEA and DE SANGOSSE have the perfect fit. We combine exceptionally innovative and differentiated technologies, with our experience in biosolutions business models, successful in more than 60 countries. AEA spent decades in research and has invested a lot to develop this microalgae-based unique portfolio. The team know-how is incredibly extensive. Together, we will be able to improve and accelerate our global biosolutions footprint. We will be very excited to start working with such an experienced and dedicated team.”
For his part, Mr. Carlos Rodriguez-Villa Förster, Managing Director of AlgaEnergy group, commented as follows:
“We share relevant synergies and the same values, as well as a long-term vision. There is an absolute complementarity both in terms of portfolio and geography, so it is reasonable to predict that the synergies will materialize in an exponential growth in turnover. After months of working together in this process that we expect to be finalized soon, we are totally convinced that this new stage we are starting, hand in hand with DE SANGOSSE, is going to be very positive for the company as a whole, its team, its customers and its collaborators. Together, we have a very competitive value proposition that is fully aligned with the objective of promoting a modern agriculture that is efficient, regenerative and, above all, more profitable for the farmer, now and in the future."
About AE AGRIBIOLOGICALS
AE AGRIBIOLOGICALS is the recently created legal vehicle based in Spain, owned by the DE SANGOSSE, which has acquired and will channel the entire agricultural business of the AlgaEnergy group internationally. It has 9 subsidiaries in different countries, employs approximately 100 professionals, operates in about twenty countries and offers high added value biological solutions, based on microalgae, to optimize agricultural yields in a sustainable way in all types of crops and geographies.
About DE SANGOSSE
DE SANGOSSE (Agen, France) is a French group operating at international level. On the strength of its recognized experience, DE SANGOSSE has been operating with agility and success for many years in the world of agricultural supplies by proposing a process of progress and sustainable crop itineraries. DE SANGOSSE employs 1,150 professionals, has a turnover of more than 420 million euros, 27 operating companies and 23 production units around the world, and sales in more than 60 countries. DE SANGOSSE is therefore a benchmark agricultural company, a leader in the development of crop protection and nutrition products. The reinvestment of its profits is an identifying feature, as is the strong commitment to R&I, which ensures the group remains at the forefront of its market.
For more information, please contact:
DE SANGOSSE AE AGRIBIOLOGICALS
Nicolas Fillon Carlos Rodriguez-Villa Förster
CEO Managing Director
Phone +33 615 885 835 Phone +34 91 490 20 20
United States (January 15, 2024) – AlgaEnergy and Nutrient TECH, both companies fully owned by the De Sangosse Group, are thrilled to announce the appointment of Tyler Grenzow as their new President for North America. In this pivotal role, Tyler will take responsibility of De Sangosse’s nutritional and biosolutions business in the United States and Canada, channeled through both companies, which will unify their efforts and reinforce the position of De Sangosse as an industry leader.
17 January, 2024
In a groundbreaking stride towards a more sustainable agricultural landscape, the newly established Association Biocontrôle et Biostimulation pour l'Agroécologie (ABBA) is spearheading a transformative shift in the industry. We are thrilled to announce that Bachar Blal, AlgaEnergy's Managing Director for France, has been elected as the Deputy Treasurer of ABBA, reinforcing AlgaEnergy's commitment to industry progress and sustainability.15 January, 2024
The Microbiome Congress is Europe's most prominent event focused on the utilization and application of microorganisms. AlgaEnergy participated actively, making valuable contributions by showcasing scientific studies and presenting a specialized range of solutions specifically designed to promote soil health. The company's participation in the event was within the context of its incorporation into the De Sangosse group.16 June, 2023
Following an extensive restructuring, AlgaEnergy is proud to partner with DE SANGOSSE Group through a soon to be finalized deal that will enable a concentrated focus on its agricultural markets. Previous business verticals including cosmetics, bioenergy, aquaculture and nutraceuticals will be discontinued, allowing a single-minded focus on solutions for agricultural markets, specifically agribiological inputs (biostimulants, biofertilizers and biocontrol).25 May, 2023
On November 16th, 2022 open voting for the Board of Directors of the European Biostimulants Industry Council (EBIC) took place, resulting in the election of AlgaEnergy’s Managing Director – Carlos Rodríguez-Villa as Vice President of the board – with 95 percent of the participatory vote.01 December, 2022
Alcobendas City Council has awarded us with this award "which recognizes business excellence", delivered by the Mayor of Alcobendas, Aitor Retolaza.28 October, 2022
We were one of the 15 companies selected -among more than 200 applications from 27 countries- to participate in the 11th edition of the Social Innovation Tournament, organized by the EIB Institute, obtaining the second prize in the 'Blue and Green Economy' category.30 September, 2022
Decoding how AlgaEnergy’s solutions energize crop gene expression in less than 2 hours.26 September, 2022
Carlos Rodríguez-Villa, Managing Director of AlgaEnergy, gave a TED talk in which he showed how, through innovation, the goals set in the 2030 Agenda can be achieved.23 September, 2022
The biotechnology company has joined and completed the first phase of the EIC Greenhouse Gas (EIC GHG) Programme, promoted by the European Innovation Council, with the aim of measuring, reducing and offsetting the carbon footprint of European companies.16 September, 2022