Global law firm Clifford Chance has advised dsm-firmenich, innovators in nutrition, health and beauty, on its agreement to sell its yeast extract business (‘Yeast Extracts’) to Lesaffre, a key global player in fermentation and micro-organisms. Yeast Extracts is part of dsm-firmenich’s Taste, Texture & Health business unit, with annual sales of about €120 million.
The Clifford Chance team was led by Stephanie Horowitz and consisted of Hansuya Reddy, Sabine van den Heuvel, Robert Bulte, Marguerite Elias, Rebecca Sarkis (Corporate M&A), Orsolya Gondos, Tamlin Higgins (Tech//Digital), Floris van de Bult, Merle van den Berg, Iga Mamczarz (Employment), Michiel Sunderman, Pascal Borsjé and Alec Sanderson (Tax).