7 März 2013

Purac to acquire BIRD Engineering B.V.

Acquisition will include intellectual property and seven key employees

Purac, a subsidiary of CSM, announces today that it has entered into an agreement to acquire BIRD Engineering B.V., the Netherlands.

BIRD Engineering is a biotech contract research company, specifically in the field of industrial microbiology. BIRD has experience with various micro-organisms, mostly bacteria and yeasts, and has expertise in the field of the development of new strains, and development of fermentation processes.

The acquisition will include the intellectual property and 7 key employees of BIRD Engineering. BIRD Recruitment, a division of BIRD Engineering B.V. will not be part of the acquisition.

Arno van de Ven, Vice President Strategic Business Development Purac: “CSM is developing into a leading supplier of bio-based ingredients and solutions. The acquisition of Bird Engineering is in line with our strategy to develop commercially attractive bio-based alternatives using renewable and sustainable resources. Our lactic acid technology is key in this, but we also identify business opportunities in adjacent organic acid platforms. BIRD Engineering focuses on the use of micro-organisms and enzymes for the production of bio-based materials, for example bio-FDCA and bio-chemical building blocks, replacing materials based on fossil carbohydrates”.

Source: Purac, press release, 2013-03-07.

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