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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

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
Geographic Code:4EUFR
Date:Mar 22, 2005
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