DSM-Firmenich completes sale of yeast extracts unit to Lesaffre

October 7, 2024 |

In the Netherlands, DSM-Firmenich AG has finalized the sale of its yeast extracts business to Lesaffre, a leading global player in fermentation and microorganisms based in Lille, France.

The yeast extracts business, part of DSM-Firmenich’s taste, texture, and health unit, generates approximately €120 million (US$131.7 million) in annual sales. This divestment aligns with the DSM-Firmenich’s strategic decision to deprioritize certain business segments.

As part of the transaction, Lesaffre will supply yeast extracts to DSM-Firmenich for its Savory business until the end of 2025. At that time, yeast extracts production at Delft, the Netherlands will be discontinued.

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Category: Chemicals & Materials

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