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Article: Danisco A/S acquires US company Agtech Products Inc.
- Article from:
- Nordic Business Report
- Article date:
- October 28, 2008
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NORDIC BUSINESS REPORT-28 October 2008-Danisco A/S acquires US company Agtech Products Inc(C)1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com
Danish food ingredients and sweeteners producer Danisco A/S (OMX Copenhagen:DCO) announced on Monday (27 October) that it has agreed to acquire the US agro/biotech company Agtech Products Inc in a USD42m deal.
Agtech develops and produces microbial products for the feed industry and reported a turnover of approximately USD12m in 2007.
"Acquiring Agtech will expand our already leading cultures position into the new sector of Animal Nutrition where it represents an exciting opportunity to bring new value ...
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