BASF has entered into a binding agreement with Lallemand Inc’s subsidiary, Danstar Ferment AG, to divest the BASF Nutrilife® baking enzymes portfolio and business. Nutrilife® enables food suppliers produce affordable, healthy and appealing food products while contributing to more efficient use of resources. Subject to customary closing conditions, the transaction is expected to complete on September 30, 2022.
“Baking enzymes is not a strategic fit for BASF. 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
“Baking enzymes is not a strategic fit for BASF. 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
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