Expanding yeast

- Last updated on GMT

Related tags: Subsidiary, France

Lesaffre Yeast has added a new consumer yeast brand to its North
American portfolio with the acquisition of Stranks Management and
its subsidiaries.

Lesaffre Yeast has added a new consumer yeast brand to its North American portfolio with the acquisition of Stranks Management and its subsidiaries.

As a result of the deal, Lesaffre Yeast corporation, a subsidiary of Paris-based global yeast producer Lesaffre et Compagnie, will acquire the Bakipan consumer brand of yeast products, sold in retail markets in both Canada and the United States.

Terms of the transaction were not disclosed.

Lesaffre Yeast​ is the former Red Star Yeast division of US flavours and colours company Sensient Technologies. The French company bought the division in early 2001 for €1 million.

With a turnover of €1.0 billion in 2001, the Lessafre group is one of the top 20 food groups in France.

Related topics: Markets, Ingredients

Related news

Related products

show more

GemPro Wheat Proteins

GemPro Wheat Proteins

Manildra Group USA | 13-May-2020 | Product Brochure

Wheat proteins provide more than just strength. If you are looking to boost protein, improve rheology, or enhance texture, it all begins with wheat proteins....

The rising challenge of clean label baking

The rising challenge of clean label baking

DuPont Nutrition & Biosciences | Recorded the 12-Mar-2020 | Webinar

Addressing consumer trends versus product quality and process efficiency
Clean label bread represents a growing opportunity within Europe. 'Natural'...

Developing with Plant Protein for Success

Developing with Plant Protein for Success

Almond Board of California | Recorded the 19-Feb-2020 | Webinar

Join the Almond Board of California (ABC) to discover the positive attributes almonds bring to plant-based products and learn more about protein-rich ingredient...

Related suppliers

Follow us

Products

View more

Webinars