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Lesaffre acquires majority stake in Biorigin to enhance savory ingredients offering

Oct 04, 2024

Acquiring Company

Lesaffre

Acquired Company

Biorigin

LilleSao PauloBiotechnologyFood and BeverageBiotechnologyFood and Beverage

Description

Lesaffre, a global player in fermentation and microorganisms, has acquired a majority stake in Biorigin, a business unit of Zilor, to strengthen and broaden its savory ingredients offering. The acquisition aims to leverage the complementary capabilities of Lesaffre and Biorigin to enable enhanced yeast derivative and savory ingredient solutions for customers worldwide.

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Company Information

Company

Lesaffre

Location

Lille, Hauts De France, France

About

Lesaffre is an independent key global player in fermentation and microorganisms with a 3-billion-euro turnover. Established on all continents through 80 production sites in 50 countries, it counts 11,000 employees and more than 96 nationalities. On the strength of this experience and diversity, Lesaffre works with customers, partners, and researchers to find ever more relevant answers to the needs of food, health, naturalness, and respect for the environment. Every day, Lesaffre explores and reveals the infinite potential of microorganisms.

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Frequently asked

Who acquired Biorigin?

Biorigin was acquired by Lesaffre, based in Lille. The deal was reported on October 4, 2024. Lesaffre is an independent key global player in fermentation and microorganisms with a 3-billion-euro turnover. Lesaffre is privately held and operates in Biotechnology.

When did Lesaffre acquire Biorigin?

Lesaffre's acquisition of Biorigin was reported on October 4, 2024. Lesaffre, a global player in fermentation and microorganisms, has acquired a majority stake in Biorigin, a business unit of Zilor, to strengthen and broaden its savory ingredients offering. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Biorigin do?

Biorigin is a business unit of Zilor, a multinational company producing yeast derivative products. It is privately held, operating in Biotechnology, and is based in Sao Paulo.

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