Lallemand to Expand Production Capacity via Proposed Acquisition of French Baking Ingredient Firms
Lallemand Inc., a Canadian-based producer of yeast, bacteria, fungi, and enzyme solutions, is in exclusive talks to acquire AIT Ingredients and Solyve, two subsidiaries of the French milling group Moulins Soufflet, itself part of the larger agricultural cooperative Groupe InVivo. Founded in Canada, Lallemand operates over 50 manufacturing facilities worldwide and employs approximately 5,500 people. Its portfolio serves a broad set of industries including baking, human and animal nutrition, biofuels, distilled spirits, crop protection, oenology, and brewing. Lallemand’s CEO Antoine Chagnon noted the geographical and sectoral expansion the acquisition would bring: “With the presence of AIT Ingredients in France, Argentina, Brazil, Spain, APAC and Africa, and Solyve in France, these proposed acquisitions will reinforce our presence and increase our global footprint and production capacity and …