Yeast-production company Angel Yeast has signed an exclusive global licence agreement with Renaissance BioScience, which will see Angel Yeast manufacture and supply Renaissance’s patented portfolio of yeasts to the wine, cider and beer industries.
Renaissance’s entire yeast portfolio is manufactured using non-GMO techniques, and the agreement means both companies will collaborate to develop new strains of yeast in the future.
Both companies will also work to fully commercialise Rennaisance’s current range of yeasts for craft beer, cider and wine applications.
Wu Zhaohui, vice-president of Angel Yeast said: “We’re extremely pleased to expand our relationship with Renaissance.
“Over the past four years, Renaissance has developed and successfully commercialized a range of world-class yeast strains for wine and cider, and we are excited to become their exclusive manufacturing and distribution partner going forward for these successful products.
“Importantly, Angel will be the exclusive global partner with Renaissance to introduce an exciting new line of premium beer yeast for the rapidly growing global craft beer industry. Renaissance has been an excellent business partner and we’re looking forward to working together to build this expanding beverage yeast business.”
Dr Cormac O’Cleirigh, chief business development officer for Renaissance BioScience, added: “Angel Yeast is a leading yeast company with world-class production and a global distribution reach far beyond its home markets in China and the Asia Pacific region.
“This agreement is the natural evolution of our ongoing relationship with Angel Yeast and with it we’re taking the next step to work more closely with them to bring new yeast to market in the craft beer industry, as well as continue the impressive growth we’ve seen in the wine and cider industries over the past four years.”
© FoodBev Media Ltd 2021
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