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Lallemand has entered exclusive negotiations with Moulins Soufflet, a subsidiary of Groupe InVivo, to acquire two of its businesses: AIT Ingredients and Solyve.

AIT Ingredients supplies baking ingredients and solutions – including improvers, enzymes, sourdoughs and mixes – to the bakery, flour milling and pasta sectors. The company has operations in France, Argentina, Brazil, Spain, Asia-Pacific and Africa.

Solyve specialises in GMO-free and organic enzyme solutions used in oenology, fruit juice production, baking, plant-based beverages and animal nutrition. It also produces sourdough starters for the baking industry.

Antoine Chagnon, CEO of Lallemand, said: “With the presence of AIT Ingredients in France, Argentina, Brazil, Spain, APAC and Africa, and Solyve in France, these proposed acquisitions will reinforce our presence and increase our global footprint and production capacity and better enable us to meet the requirements of our existing and new customers across the baking, flour milling, oenology and other beverages sectors”.

Thierry Blandinières, CEO of InVivo Group, added: “With its unique expertise in research and microorganisms, Lallemand will bring the vision and expertise necessary to successfully take over and grow both companies AIT Ingredients and Solyve. Lallemand is committed to this and has the investment capacity to make it happen."

"For InVivo, the completion of this project will enable us to accelerate the implementation of our strategic plan, which is based on refocusing on field crops, in particular wheat and barley, in order to establish solid, structured and sustainable vertical supply chains.”

The transaction is expected to close in summer 2025, pending regulatory approvals and required consultations with employee representatives.