Algaecytes GmbH, a wholly owned subsidiary of Algaecytes Ltd, which is part of the Deepbridge Technology Growth EIS portfolio, has announced that the City Council of Dessau-Rosslau, in the State of Saxony-Anhalt in Germany, unanimously agreed to sell property in the industrial and commercial area Flugplatz Dessau to AlgaeCytes Germany GmbH.
The 100,000 square meter property will be the site for AlgaeCytes’ first commercial scale plant for the production of consistent high quality, natural, sustainably-sourced and vegetarian premium products from microalgae.
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