(IN BRIEF) Novonesis has signed an agreement with the intent to acquire MicroBioGen, an Australian biotechnology company specialising in yeast strains for industrial applications, particularly bioethanol. The planned acquisition builds on Novonesis’ 2013 investment in MicroBioGen and its current 23 … Read the full press release →
Posted in Business, Chemicals, Denmark, Energy, Gas & Oil, Financial, Food & Beverage, Industrial, Investment, Pharma & Biotech, Science
Tagged 2013 investment, 2030 strategy, 23 percent stake, ACCC, acquisition agreement, Australia, Australian Competition and Consumer Commission, baking applications, bioethanol, biological solutions, biosolutions, biotechnology, biotechnology acquisition, Claus Crone Fuglsang, Copenhagen, customary approvals, decade-long collaboration, Denmark, disciplined investment, elite yeast genetics, energy applications, Ester Baiget, food applications, Geoffrey Bell, industrial applications, industrial fermentation, industrial yeast, Innova yeast series, MicroBioGen, microbiology, Novonesis, Novonesis Expands Yeast Capabilities Through Planned MicroBioGen Acquisition, Novonesis Targets Bioethanol and Fermentation Growth With MicroBioGen Deal, Novonesis to Acquire MicroBioGen to Strengthen Yeast Biotechnology Platform, platform technology, pure-play biology company, R&D capabilities, regulatory approvals, research and development, sustainable feed, transaction terms undisclosed, yeast biotechnology, yeast innovation as a service, yeast strains
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