BASF has agreed to sell its Nutrilife baking enzymes portfolio and business to Lallemand subsidiary, Danstar Ferment.
Nutrilife can help food manufacturers in areas including increasing dough stability, preserving freshness during shelf-life and ensuring consistent baking results.
“Baking enzymes is not a strategic fit for BASF,” said Michael de Marco, BASF’s VP of global business management enzymes. “With Lallemand we have found an excellent partner to strategically continue and strengthen our baking enzymes business and to be a reliable supplier. We will accompany the transaction to ensure a smooth handover for our customers.”
The acquisition will further broaden Lallemand’s product portfolio and geographical footprint. The company recently entered into the development and production of enzymes.
Lars Asferg, president of Lallemand Bio-Ingredients, said: “We look forward to continuing to provide Nutrilife customers with enzyme expertise as well as access to innovative ingredients based on the Lallemand yeast and bacteria technology platforms”.
The deal, which is expected to close on 30 September, is subject to customary closing conditions.
By Rafaela Sousa
Source: foodbev.com
Danone has appointed Carla Hilhorst to the newly created position of senior vice president of research and innovation categories and zones, as the company looks to make science the heart of its business. Hilhorst, who brings over 30 years of experience in research and innovation, will report directly to Isabelle Esser, Danone’s chief research, innovation, quality and food safety officer.
The move, part of Pernod Ricard’s strategy to enhance its premiumisation efforts, will allow the company to focus more resources on its portfolio of premium international spirits and champagne brands that drive the growth of its business. This decision aligns with the company’s commitment to delivering sustainable value for shareholders, employees, clients and partners.
Schai – who is the current CEO of Swiss chocolate company Lindt & Sprüngli’s Australian operation – has previously worked with Aryzta from 2015-2018, where he served in roles including managing director for Asia Pacific and global strategic business lead (McDonald’s). The fast-food giant McDonald’s is one of Aryzta’s significant clients.
