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Novozymes and Chr. Hansen, two leading companies in the biosolutions industry, have successfully merged, forming a new entity called Novonesis.

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Company News

Novozymes and Chr. Hansen Merge to Form Novonesis: A Global Biosolutions Powerhouse with €3.7 Billion Annual Revenue

The world’s largest provider of microbial technologies and enzymes, Novozymes, and Chr. Hansen, a bioscience supplier, have successfully merged to form Novonesis, a global partner for multiple industries, creating biosolutions for better lives and a healthier planet. The Danish merger — reportedly the largest ever in the country — was finalized following the final registration with the Danish Business Authority. According to the announcement, the combined group will have annual revenue of approximately €3.7 billion. Novonesis brings together 10,000 people worldwide and an expertise that spans more than 30 different industries under the leadership of Ester Baiget, former CEO of Novozymes. “We have gathered the brightest minds and together with my 10,000 colleagues, we will unlock the limitless potential of biosolutions,” shared Ester Baiget, now President and CEO …

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Cultivated, Cell-Cultured & Biotechnology

Novozymes Launches New Clean-Label Biosolution for “Perfect Textures” in Plant-Based Meat

Novozymes (NASDAQ OMX: NZYM-B), one of the world’s largest providers of microbial technologies and enzymes, has launched Vertera®ProBite, a new clean-label product that the company claims delivers “perfect textures” in plant-based meat. The Danish company says that its new biosolution addresses consumers’ concerns about the texture and long ingredient lists of alt meat, ultimately encouraging more people to choose sustainable food options. A study conducted by the company shows that 95% of consumers think plant-based meat should improve. According to the 2023 Unmet Needs Discovery Survey by the Plant-Based Food Association, texture is the number one factor dissuading consumers from adopting plant-based alternatives. “Now’s the time to raise the (burger) bar and find perfect textures that consumers will love inside plants,” states Novozymes. Unlocking the potential …

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New culture range will keep alt-meat products fresh

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Company News

Chr Hansen and Novozymes in Largest Ever Danish Merger

The merger of Novozymes and Chr. Hansen Holding, set for Q4 in 2023, will reportedly be the largest ever Danish merger. Bioscience supplier Chr. Hansen will join with Novozymes, the world’s largest provider of microbial technologies and enzymes, to “create a strong biosolutions group with a broad biological toolbox and a diversified portfolio across markets”. Novo Holdings, the largest shareholder in both companies, states that the transaction will create a global leader in biosolutions that would capitalize on attractive growth opportunities while serving societal needs. The combined group will benefit from an expanded global presence and shared ambition to provide answers to the biggest challenges facing society. According to the press release, the newly formed group will “be equipped to stand stronger in addressing global …

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