Global EcoPower acquires TAM’s spirulina assets to ramp up spirulina and phycocyanin production

In France, a specialist in positive renewable energy production units, Global EcoPower, has purchased all of TAM’s spirulina production and marketing assets. TAM was the leading producer of spirulina in France through the CYANE trademark.

With the forthcoming launch of its Spirulina production unit in Hers and Spiruline d’Anjou, which will supply photovoltaic energy to the production of micro-algae food, GEP will be able to quickly position itself as the European leader in the production of premium spirulina and phycocyanin, two global  markets estimated at 1 billion* euro and 100 million* euro respectively in 2030, according to their press release.

GEP is acquiring TAM’s spirulina production facilities, its business assets including the list of clients and prospects, its ISO 22000 certification for ecological microalgae cultivation, its expertise and the CYANE brand.

GEP anticipates a new European regulation due to take effect in 2021 which will classify the purity of products such as spirulina and phycocyanin, highlighting the high-quality organic spirulina compared to the low-end products from Asia.

Global EcoPower aims to produce 40 tonnes of spirulina per year at each of its sites (Spiruline de l’Hers and Spiruline d’Anjou). Management will decide on the amount of phycocyanin that will be produced in line with demand and based on an extraction rate of around 15%.