Lesaffre Buys Majority in Chinese Company Biohymn Biotechnology

Pursuing its expansion strategy on Chinese market, Lesaffre has concluded a majority shareholding in Biohymn Biotechnology – a Chinese company specialized in the production of yeast and yeast extracts. This operation is in line with Lesaffre’s goal of strengthening its presence on the Chinese market and ensuring greater proximity to its clients.

The Chinese company produces yeast and yeast extracts, mainly for China. It was created in 2012 and is based in Food Industrial park of Linxi County, Chifeng City, in Northern China.

Lesaffre has been present on Chinese market since the ’80s with its premium Saf-Instant brand and industrially for more than 20 years now.

Today, Lesaffre counts three sites of production in China (Ming Guang, Laibin, Chongzuo) and operates four Baking Centers (Shanghai, Hong-Kong, Beijing and Canton). Those centers of expertise in bread making offer technical support, training and advice to Lesaffre’s customers. With this operation, Lesaffre will strengthen its presence and offering to Chinese customers, not only in baking but also in the field of food taste and pleasure, in animal nutrition and health, and in nutriments for biotechnologies.

“Lesaffre welcomes this new operation, which will enable us to strengthen our position in China. We have been present in China for many years and we want to work on long term. With this new significant investment, we are establishing our will to be close to our customers, to offer them our products and services and fulfill their specific requirements. We aim to answer to the increasing market demand, especially yeast for mantou, but also in animal nutrition and biotechnologies “, says Antoine Baule, CEO of Lesaffre.