BASF to Divest its Nutrilife Baking Enzymes Business to Lallemand

September 1, 2022 BASF

BASF has entered into a binding agreement with Lallemand Inc’s subsidiary, Danstar Ferment AG, to divest the BASF Nutrilife® baking enzymes portfolio and business. Nutrilife® enables food suppliers produce affordable, healthy and appealing food products while contributing to more efficient use of resources. Subject to customary closing conditions, the transaction is expected to complete on September 30, 2022.