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Seasoned Veteran Peter Colella joins the AlgiSys team in the pursuit of protecting the worlds’ natural resources and improving human and animal health. Colella assumes the role of CEO and has been active in corporate finance activities on a national and international level over the course of his 40-plus year career. His background includes Chairman and CEO of the Colmen Group, along with Chairman, CEO and COO of a number of companies requiring growth initiatives. Prior to Colmen, Colella was CFO of a division of Berwind Corporation and a financial executive for the North American operations of Royal Doulton China. Colella’s areas of specialization include corporate finance, investment banking, business consulting services, including mergers and acquisitions, joint ventures, profit improvement and growth initiatives in both private and public companies.
The global omega-3 supplements market size is expected to reach a value of USD $57 billion by 2025 according to Grand View Research. Additionally, the market for plant-based proteins is estimated to grow from $18.5 billion to exceed $40 billion by 2025, according to research and markets. AlgiSys is collaborating with industry partners to satisfy demand in these high-value markets for omega-3 EPA and vegan protein products.
“Not all algae production methods are created equal,” states Peter Colella, corporate finance, business operations and M&A expert, “AlgiSys uses environmentally friendly fermentation technology that provides the highest output by far of any current algal processes, making it controllable, economically viable, and easily scaled.”
To check out AlgiSys entire team, go to www.algisys.com/team. Join us in making a positive impact on human lives and the world in which we live.
About the Company: AlgiSys LLC, an Environmental, Social, Governance (ESG) company produces EPA omega-3 products from microalgae, replacing fish, its primary source. AlgiSys is creating an environmentally sustainable and economically viable source for high quality, all natural, omega-3 EPA and plant-based vegan protein with seven international patents.
Contact: Charles Roe Ph.D. – Founder & CTO
Phone: 216 509-2806
Tamara "Ask Tami" Patzer
Tamara "Ask Tami" Patzer is a Best Selling Author, host of Women Innovators Radio, Business Innovators Radio, and Executive Producer of the Daily Success® Media Network. She is an Independent Publisher of the Best-Selling Women Innovators: Leaders, Makers, and Givers - Women Who Make A Daily Difference Book Series. Tamara is also a contributor to Small Business Trendsetters, Business Innovators Magazine, Thrive Global and Medium covering Influencers, Innovators, and Trendsetters in Business, Health, Finance, and Personal Development. She is the creator of Beyond the Best Seller Marketing Systems for authors.