Kerry Group plc ("Kerry"), the global taste & nutrition company, announces it has entered into a definitive agreement to acquire part of the global lactase enzyme business of Chr. Hansen Holding A/S (“Chr. Hansen”) and Novozymes A/S (“Novozymes”) (together the “Lactase Enzymes Business”) on a carve out basis¹. This acquisition is subject to European Commission approval of Kerry as a buyer and forms part of the Novozymes and Chr. Hansen merger approval process. The Lactase Enzymes Business … [Read more...] about Kerry to acquire Lactase Enzymes Business
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Kerry to acquire biotechnology innovation companies
Taste and nutrition company Kerry announced that it has reached agreements to acquire two leading biotechnology companies: c-LEcta and Enmex. These acquisitions are set to expand Kerry’s expertise, manufacturing capacities and tech portfolio. Germany-based c-LEcta produces high-value targeted enzymes and ingredients, with its functional bioactives utilised in the food and beverage space. It focuses on precision fermentation, optimised bio-transformation and bio-processing. On the other … [Read more...] about Kerry to acquire biotechnology innovation companies
SIG announces acquisition agreement of Scholle IPN
Flexible packaging solutions suppliers Scholle IPN will be acquired by SIG, an aseptic carton packaging company. The target completion of the deal is before 3Q 2022. Switzerland-based SIG will diversify offerings by including its bag-in-box and spouted pouch items in the new product portfolio. It will also promote its net positive food packaging system, which is achieved through the Way Beyond Good approach. Samuel Sigrist, CEO of SIG, said of combination of businesses, "The acquisition of … [Read more...] about SIG announces acquisition agreement of Scholle IPN
