Canadian firm Lallemand has bought over Iberian yeast business AB Mauri.
Lallemand will now run AB Mauri (ex DSM) baker’s yeast business in Spain and Portugal as well as the AB Mauri yeast plant located in Setubal (south of Lisbon).
A spokesperson for Lallemand said: “This acquisition gives Lallemand a major presence, with experienced teams and leading brands, in the Iberian baker’s yeast markets and capacity also eventually to compete more effectively in the French market as well as in the world dry yeast markets.”
Lallemand Inc. is a privately held Canadian company specialising in the research, development, production, marketing and distribution of yeast and bacteria.
The company has approximately 2,000 employees in more than 30 countries worldwide.