Lallemand Makes Strategic Investment in Turkish Enzyme Company Livzym
Livzym has over the last 9 years successfully developed a range of enzymes for mainly food and animal feed applications based on their fungi-based technology platform. The recently commissioned enzyme plant in Tuzla near Istanbul, Turkey provides state-of-the-art enzyme production capabilities. The Lallemand investment in Livzym, alongside equity raised from Turkish investors, will contribute to financing the expansion of the Tuzla plant to meet the growing demand for enzymes. …