Danisco Venture invests in TMI Europe SA.
NORDIC BUSINESS REPORT-22 March 2005-Danisco Venture invests in TMI Europe SA(C)1994-2005 M2 COMMUNICATIONS LTD http://www.m2.com
The Danish food ingredients group Danisco A/S said on Tuesday (22 March) that its corporate venture unit Danisco Venture had agreed to take a minority holding in the French food safety and protectant company TMI Europe SA.
"TMI has developed a very interesting enzymatic food safety system, which is patent protected and approved by the French Agency for Food Safety (AFSSA) for vegetable use. This combined with the strong process know-how of the company makes us confident that TMI will succeed in penetrating several food safety segments and become a healthy investment for Danisco Venture," said Jakob Rybak-Andersen, investment director at Danisco Venture.
The financial details of the investment were not disclosed.
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|Title Annotation:||Danisco A/S|
|Publication:||Nordic Business Report|
|Article Type:||Brief Article|
|Date:||Mar 22, 2005|
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