Lallemand finalizes acquisition of Evolva
By Food in Canada StaffBusiness Operations Health & Wellness Ingredients & Additives Lallemand Quebec
Lallemand completes acquisition of Swiss-based Evolva Holding AG. Evolva focuses on the research, development and commercialization of natural ingredients derived from yeast for applications across the flavours and fragrances, health, ingredients, cosmetics and health protection sectors.
Lars Asferg, president of Lallemand Bio-Ingredients, said, “Evolva offers us a strong strategic fit with our yeast-based technology platform. Evolva’s proprietary precision fermentation technology and R&D capabilities present an ideal platform from which to expand our product offering.”
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