Lesaffre acquired a majority stake in Biorigin (a business unit of Zilor), a multinational company producing yeast derivative products, to enhance the supply of yeast derivatives for savory ingredients. As a result of the deal, Lesaffre will become the controlling shareholder of Biorigin, with 70% of its total corporate capital, while Zilor will remain a shareholder with 30%.
Lesaffre will acquire dsm firmenich’s yeast extract go-to-market organization and know-how. Going forward, dsm-firmenich’s yeast extract products will be produced in Lesaffre’s global manufacturing network. The transaction should be completed by the end of the year.
Lesaffre announced the launch of an open call to discover new paths of innovation in carbon capture and utilization (CCU) specifically tailored for the food industry. In this endeavor, Lesaffre partnered with SoScience, a company specializing in responsible research and innovation.
Lesaffre and Qair, an independent renewable energy company, signed an 18-year contract for the direct purchase of renewable electricity (CPPA) from an agrivoltaic plant – a synergy between agricultural production and photovoltaic energy.
Lesaffre announced it gained a minority shareholding in Yeap, a start-up specializing in functional alternative proteins. The yeast specialist made a 10% investment in Yeap’s shares to help it finalize the development of a promising new protein ingredient made from upcycled yeast.
Lesaffre announced a solar Corporate Power Purchase Agreement (CPPA) with Sun’R, a direct sale of electricity between a producer and a consumer, that will supply the group’s largest yeast plant in Marcq-en-Barœul, France.
In partnership with the Laboratory of Biology and Modelling of the Cell (LBMC, CNR /ENS Lyon), Lesaffre is working on defining transcriptomic and genomic profiles of thousands of yeast strains, by relying on advanced equipment.
Lesaffre Australia Pacific opened two new facilities in mid-November: a Molasses Extracts Plant (MEP) on its production site in Melbourne and a training showroom for breadmaking at its Baking Center™ in Mortlake (Sydney).
Lesaffre formed a 15-year partnership with ENGIE for the design, financing, construction, operation and maintenance of a waste heat recovery unit on the Lesaffre site in Marcq-en-Barœul.
LIS by Lesaffre, a drying specialist and subsidiary of Lesaffre, partnered with Idex, a specialist in energy and environmental services, to control steam production costs and reduce the site’s dependence on fossil fuels.
Lesaffre inaugurated its 48th Baking Center™ in Dubai on November 9, 2021, building its presence in the UAE and the wider GCC region.
