logo
logo

Lesaffre acquires majority stake in Biorigin to enhance savory ingredients offering

Oct 04, 2024•10 months ago

Acquiring Company

Lesaffre

Acquired Company

Biorigin

LilleSao PauloFood and BeverageBiotechnologyFood and BeverageBiotechnology

Description

Lesaffre, a global player in fermentation and microorganisms, has acquired a majority stake in Biorigin, a business unit of Zilor, to strengthen and broaden its savory ingredients offering. The acquisition aims to leverage the complementary capabilities of Lesaffre and Biorigin to enable enhanced yeast derivative and savory ingredient solutions for customers worldwide.

Company Information

Company

Lesaffre

Location

Lille, Hauts De France, France

About

Lesaffre is an independent key global player in fermentation and microorganisms with a 3-billion-euro turnover. Established on all continents through 80 production sites in 50 countries, it counts 11,000 employees and more than 96 nationalities. On the strength of this experience and diversity, Lesaffre works with customers, partners, and researchers to find ever more relevant answers to the needs of food, health, naturalness, and respect for the environment. Every day, Lesaffre explores and reveals the infinite potential of microorganisms.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Related People

Brice-Audren hidden

Lisa hidden

hidden

Bill hidden

hidden