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Novozymes, Chr. Hansen merger accomplished


The proposed mixture of the legacy corporations Novozymes and Chr. Hansen has been efficiently accomplished, establishing the corporate Novonesis. Novonesis is a biosolutions companion for higher enterprise, more healthy lives and a more healthy planet. The mixed firm brings collectively 10,000 individuals worldwide and an experience that spans greater than 30 totally different industries. Novonesis is already helping corporations around the globe in assembly each enterprise wants and the wants of the planet.

On December 12, 2022, Novozymes and Chr. Hansen entered into an settlement to create a number one world biosolutions companion by means of a statutory merger of the 2 corporations. All regulatory approvals and registrations are actually in place and the proposed mixture is efficiently accomplished after the ultimate registration with the Danish Enterprise Authority at present.

“We now have efficiently mixed Novozymes and Chr. Hansen and, at present, we come collectively as one main world biosolutions companion,” mentioned Ester Baiget, president and CEO of Novonesis. “Novonesis combines our joint strengths and the wonders of biology, and we’re set to steer a brand new period of biosolutions. We’ll innovate and develop transformative biosolutions that enhance the best way all of us produce, eat and reside. And we’ve gathered the brightest minds and, along with my 10,000 colleagues, we’ll unlock the limitless potential of biosolutions.”

The mixture of Novozymes and Chr. Hansen will create a worldwide biosolutions companion with a broad organic toolbox and a diversified portfolio in engaging markets. The mixed group could have annual income of roughly EUR3.7 billion (US$4.01 billion) with strong profitability and money era.

Half of the portfolio will concentrate on enabling more healthy lives and producing higher meals. The opposite half will tackle decreasing chemical use and focusing on climate-neutral practices.

The mixed group will function a worldwide community of analysis and improvement and utility facilities in addition to manufacturing websites and can make use of round 10,000 gifted and purpose-driven staff who’re impressed by the facility of biosolutions.

“I’m happy to witness the conclusion of the Novozymes and Chr. Hansen mixture, creating a real world biosolutions chief,” mentioned Cees de Jong, chairman of Novonesis. “We’ll proceed to create highly effective biosolutions for our prospects and companions based mostly on our greater than 100 years of innovation and utility experience. Collectively, we’ll function a development companion to our prospects; a worth creator to our shareholders; and an organization that has a major, constructive affect on society and the planet. Novonesis builds on a shared heritage of sustainability management and can preserve main the best way.”

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