Univar acquires Czech enzyme operation

By staff reporter

- Last updated on GMT

Related tags: Europe, European union

Univar's Czech subsidiary has acquired the enzymes distribution
business of Ekozym, a specialised business based on the
distribution of Novozyme products.

Danish firm Novozymes dominates the enzyme market, with about a 50 to 60 per cent share. "This is another step towards Univar's ambitions to be a key player in Central and Eastern Europe," said the company in a statement. "It will further expand Univar's activities serving the detergent, brewing, beverage alcohol and food markets in the Czech Republic, as well as strengthen the relationship with Novozymes." Enzymes have become a lucrative niche market. A report from Business Communications Company estimated that by 2009 the European enzyme market would reach €1.83 billion. The market for bakery enzymes came in at €32.1 million in 2003, expected to climb to €52.3 million by 2010. While Novozymes continues to dominate the enzyme market, US biotech firm Genencor, which now belongs to Danisco after acquisition clearance last year, falls into second place with an approximate 30 per cent slice. ​ Univar is an independent distributor of industrial chemicals and providers of related specialty services, operating throughout both North America and Europe. It claims to have generated net sales of $6 billion in 2005, with an operating income (EBIT) of $207.7 million. Univar has approximately 6,700 employees based throughout North America and Europe. The company's registered office is in Rotterdam, the Netherlands, with administrative support offices in Bellevue, Washington, USA, and Bradford, England, UK.

Related topics: Market Trends, Cultures, enzymes, yeast

Related news

Show more

Related products

show more

A microbiome solution for every application.

A microbiome solution for every application.

ADM | 29-Nov-2021 | Insight Guide

Gut health and its impact on overall wellbeing are key drivers for today’s health-conscious consumers. ADM’s microbiome solutions are designed to help...

White Paper:  Beverages with Probiotic Benefits

White Paper: Beverages with Probiotic Benefits

BC30 | 25-Oct-2021 | Technical / White Paper

Top functional beverage categories in Europe, based on the percentage of consumers who have bought in the category in the last 6 months and who would also...

Related suppliers

Follow us

Products

View more

Webinars