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Rafaela Sousa

Rafaela Sousa

2 October 2024

DSM-Firmenich finalises sale of yeast extract business to Lesaffre

DSM-Firmenich finalises sale of yeast extract business to Lesaffre

DSM-Firmenich has completed the sale of its yeast extract business to Lesaffre, a French company specialising in fermentation and microorganisms.


The deal, initially announced in June, will see 46 DSM-Firmenich employees transfer to Lesaffre.


As part of the transaction, Lesaffre will supply yeast extracts to DSM-Firmenich for its Savory business, and the two companies will enter a technology partnership to develop yeast extracts.


The acquisition, alongside the tech partnership, will enhance Lesaffre's position in the savory ingredients market, strengthening its R&D capabilities and expanding its product range in savory and fermentation-based applications.


Financial terms of the agreement were not disclosed.


#DSMFirmenich #Lesaffre #France

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