Tag: Lallemand

Lallemand acquires Evolva for $24 million

Lallemand acquires Evolva for $24 million

January 8, 2024 |

In Canada, yeast-based ingredients maker Lallemand has acquired Evolva, a biotech firm based in Switzerland. The acquisition by Lallemand subsidiary Danstar Ferment AG is valued at around $24 million, with the potential for an additional $11.75 million if certain targets are met, according to vegconomist. Evolva develops yeast-derived ingredients for use in flavors and fragrances, […]

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Lallemand to acquire Evolva for $23 million

Lallemand to acquire Evolva for $23 million

December 3, 2023 |

In Switzerland, Evolva has convened and extraordinary general meeting for 21 December 2023 to approve the sale of Evolva AG to Lallemand Inc. Evolva Holding announced on 21 November 2023 that it signed a share purchase agreement with Danstar Ferment AG, a Swiss affiliate of Lallemand Inc., a global leader in the development, production, and marketing […]

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