COFALEC member activity: Lesaffre expands in yeast extracts through acquisition

According to this recent news, Lesaffre will acquire DSM-Firmenich’s yeast extract go-to-market organization and know-how as the two companies agreed to collaborate on yeast derivatives serving the savory ingredients space. The acquisition allows Lesaffre’s global manufacturing network to make DSM-Firmenich’s yeast extract products.

“This transaction completely fits in our strategy to become a true global specialist in yeast extracts and derivatives for the savory ingredients market,” said Brice-Audren Riché, chief executive officer of Lesaffre, a global company based in France involved in fermentation and microorganisms.

The two companies hope to close the transaction by the end of the year. Please find the full article here!