Lesaffre

Last updated
Lesaffre
Company typePrivate
IndustryFood
Founder Louis Lesaffre
Headquarters Marcq-en-Barœul
Website www.lesaffre.com

Lesaffre is a French yeast manufacturer, and the world's largest producer.

History

The company was founded by Louis Lesaffre, the co-founder of Bonduelle, in the mid-19th century. [1] [2]

One of its subsidiaries, Bio Springer, [3] was founded by Baron Max de Springer in 1872 in Maisons-Alfort. [4]

In 2004, it formed a North American joint-venture with Archer Daniels Midland, known as Red Star Yeast. [5]

In 2006, the end of the malt business, via its subsidiary International Malting Company (IMC), then the fifth largest maltster in the world, created tension among the family shareholders. [6] IMC was acquired at 100% by ADM.

In 2007, it was the world's largest producer of yeast. [2] In 2011, it bought the factory of "Voronezh Yeast" LLC in Voronezh.[ citation needed ]

After the foundation of the Lesaffre Advanced Fermentations (LEAF) subsidiary, the Swiss biofuel start-up Butalco, founded by Eckhard Boles and Gunter Festel, was acquired in July 2014. [7] With this acquisition, Lesaffre entered the market for second generation, waste-based bioethanol and biobutanol. [8]

In 2014, it had an annual turnover of 1.5 billion euros, 7,700 employees and 80 subsidiaries in various countries. [9] The capital is not listed on the stock exchange, but shared among 400 shareholders from the founders' family, whose professional fortune is estimated at 3 billion euros. [10]

In 2018, the group took control of Tunisian Rayen Food Industries, which specializes in the production of baker's yeast, and of a Serbian Alltech plant specializing in yeast extracts. [11]

In 2021, it was ranked 8th on FoodTalks' list of Top 30 Global Probiotic Food Ingredient Companies. [12] According to current data, the company generates annual sales of €2 billion with more than 10,000 employees and 80 subsidiaries in 50 countries. [13]

In 2024, it acquired the control of Brazilian yeast products manufacturer Biorigin from Zilor group. [14]

Related Research Articles

Bunge Global SA (BUN-ghee) is a global agribusiness and food company, incorporated in Geneva, Switzerland and headquartered in St. Louis, Missouri, United States.

<span class="mw-page-title-main">Lagardère Group</span> French media company

Lagardère S.A. is an international group with operations in over 40 countries. Based in the 16th arrondissement of Paris, the group was founded and created in 1992 by Jean-Luc Lagardère under the name Matra, Hachette & Lagardère.

<span class="mw-page-title-main">Alstom</span> French rolling stock manufacturer

Alstom SA is a French multinational rolling stock manufacturer which operates worldwide in rail transport markets. It is active in the fields of passenger transportation, signaling, and locomotives, producing high-speed, suburban, regional and urban trains along with trams.

<span class="mw-page-title-main">UPM (company)</span> Finnish forest industry company

UPM-Kymmene Oyj is a Finnish forest industry company. UPM-Kymmene was formed by the merger of Kymmene Corporation with Repola Oy and its subsidiary United Paper Mills Ltd in 1996. UPM consists of six business areas: UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers and UPM Plywood. The Group employs around 17,000 people and it has production plants in 11 countries. UPM shares are listed on the NASDAQ OMX Helsinki stock exchange. UPM is the only paper company which is listed in the global Dow Jones Sustainability Index and also a member of the United Nations Global Compact organization.

Getlink, formerly Groupe Eurotunnel, is a European public company based in Paris that manages and operates the infrastructure of the Channel Tunnel between France and the United Kingdom, operates the LeShuttle railway service, and earns revenue on other trains that operate through the tunnel.

<span class="mw-page-title-main">Infineon Technologies</span> Semiconductor manufacturing company

Infineon Technologies AG is Germany's largest semiconductor manufacturer. The company was spun-off from Siemens AG in 1999. Infineon has about 58,600 employees in 2023 and is one of the ten largest semiconductor manufacturers worldwide. In 2023 the company achieved sales of €16.309 billion.

Sanofi S.A. is a French multinational pharmaceutical and healthcare company headquartered in Paris, France. The corporation was established in 1973 and merged with Synthélabo in 1999 to form Sanofi-Synthélabo. In 2004, Sanofi-Synthélabo merged with Aventis and renamed to Sanofi-Aventis, which were each the product of several previous mergers. It changed its name back to Sanofi in May 2011. The company is a component of the Euro Stoxx 50 stock market index. In 2023, the company’s seat in Forbes Global 2000 was 89.

<span class="mw-page-title-main">Vivendi</span> French mass media holding company

Vivendi SE is a French mass-media holding company headquartered in Paris. It owns Groupe Canal+, Havas, Gameloft, Prisma Media, Vivendi Village, and Dailymotion, and is a majority owner of the Lagardère Group. The company has activities in television, film, video games, book publishing, print press, communication, tickets, and video hosting services.

<span class="mw-page-title-main">Kirin Company</span> Japanese beverage company

The Kirin Holdings Company, Limited. (キリンホールディングス株式会社) is a Japanese beer and beverage holding company. It is known for brands such as Kirin Beer, Kirin Lemon, Mets, and Gogo no Kōcha.

<span class="mw-page-title-main">Air Liquide</span> French industrial gas producer

Air Liquide S.A. is a French multinational company which supplies industrial gases and services to various industries including medical, chemical and electronic manufacturers. Founded in 1902, after Linde it is the second largest supplier of industrial gases by revenues and has operations in over 70 countries. It has headquarters at the 7th arrondissement of Paris. Air Liquide owned the patent for Aqua-Lung until it expired.

Veolia Environnement S.A., branded as Veolia, is a French transnational company with activities in three main service and utility areas traditionally managed by public authorities – water management, waste management and energy services. In 2023, Veolia employed 218,000 employees in 57 countries. Its revenue in that year was recorded at €45.351 billion. It is quoted on Euronext Paris. It is headquartered in Aubervilliers.

<span class="mw-page-title-main">Caisse de dépôt et placement du Québec</span> Canadian institutional investment company

The Caisse de dépôt et placement du Québec is an institutional investor that manages several public and parapublic pension plans and insurance programs in the Canadian province of Quebec. It was established in 1965 by an act of the National Assembly, under the government of Jean Lesage, as part of the Quiet Revolution, a period of social and political change in Quebec. It is the second-largest pension fund in Canada, after the Canada Pension Plan Investment Board. It was created to manage the funds of the newly created Quebec Pension Plan, a public pension plan that aimed to provide financial security for Quebecers in retirement. The CDPQ’s mandate was to invest the funds prudently and profitably while also contributing to Quebec’s economic development. As of December 31, 2023, the CDPQ managed assets of C$434 billion, invested in Canada and elsewhere. The CDPQ is headquartered in Quebec City at the Price building and has its main business office in Montreal at the Édifice Jacques-Parizeau.

<span class="mw-page-title-main">Engie</span> French multinational utility company

Engie SA is a French multinational power company, headquartered in La Défense, Courbevoie, which operates in the fields of electricity generation and distribution, natural gas, nuclear power, renewable energy, and in the petroleum industry. It is involved in both upstream and downstream activities.

Presses de la Cité is a French publishing company founded in 1943 by Sven Nielsen, the son and grandson of booksellers, who came to Paris in 1924. Before becoming a publisher, Nielsen specialised in exporting French books.

<span class="mw-page-title-main">Mascoma Corporation</span>

Mascoma Corporation was a U.S. biofuel company founded to produce cellulosic ethanol made from wood and switchgrass. Headquartered in Lebanon, New Hampshire, the company was founded in 2005 by Robert Johnsen (CEO), Lee Lynd and Charles Wyman, two professors from Dartmouth College. The company was named after Mascoma Lake, which is near Lebanon. In November 2014, the yeast-related business assets including the Mascoma name were purchased by Lallemand, Inc. of Montreal, Canada. The R&D facility in Lebanon, NH was renamed Mascoma LLC which is now a subsidiary of Lallemand. The remaining business assets of the former Mascoma Corp. including the thermophilic bacteria technology, pilot plant in Rome, NY, and former headquarters in Waltham, MA were renamed Enchi Corporation.

<span class="mw-page-title-main">Airbus</span> European aircraft manufacturer

Airbus SE is a European aerospace corporation. The company's primary business is the design and manufacturing of commercial aircraft but it also has separate defence and space and helicopter divisions. Since 2019, Airbus has been the world's largest manufacturer of airliners as well as the leading helicopter manufacturer.

<span class="mw-page-title-main">Naspers</span> Multinational holding and investment company

Naspers Limited is a South African multinational internet, technology and multimedia holding company headquartered in Cape Town, with interests in online retail, publishing and venture capital investment. Naspers' principal shareholder is its Dutch listed investment subsidiary Prosus, which owns approximately 49% of its parent as part of a cross ownership structure.

<span class="mw-page-title-main">Worldline SA</span> French financial services company

Worldline SA is a French fintech founded in 1972 and the world’s number 4 payments leader.

<span class="mw-page-title-main">Avril Group</span> Agro-industrial group based in France

Avril is an international agro-industrial group based in France, specialising in food, animal feed, energy and sustainable chemistry. It was founded in 1983, on the initiative of a collective group of leaders in the French farming sector, and was structured as a subsidiary to ensure outlets for French oilseeds and protein crops.

Jean-Philippe Puig is a French businessman and general director and chief executive officer of Avril Group since 2012.

References

  1. "History". Lesaffre. Retrieved 4 March 2019.
  2. 1 2 Lenoir, Alexandre (July 13, 2007). "La saga d'une gros se légume". L'Express (in French). Retrieved 4 March 2019.
  3. "About Us". Bio Springer . Retrieved 4 March 2019.
  4. "Visitez la fabrique de levure". Le Parisien (in French). October 21, 2009. Retrieved 4 March 2019.
  5. Greg Pletras. "Opened in 2005, the Red Star Yeast Co. plant in Cedar Rapids…". Efficient Plant. Retrieved 29 March 2021.
  6. Nouvelle, L'Usine (2014-03-13). "Lesaffre, la mue du roi de la levure" (in French).{{cite journal}}: Cite journal requires |journal= (help)
  7. "Lesaffre Acquire Butalco". Bio-based News. July 24, 2014.
  8. Lane, Jim. "Lesaffre acquires Butalco: will the race for sustainable butanol ever be the same?". Biofuel Digest. Retrieved 31 October 2020.
  9. "The group in a nutshell". Lesaffre Group. Retrieved 4 March 2019.
  10. Eric Tréguier (15 November 2018). [106 "les 500 fortunes..."] Challenges (in French).{{cite journal}}: Check |url= value (help)
  11. "Lesaffre, numéro un mondial de la levure, multiplie les acquisitions". Le Monde.fr (in French). 2018-04-18. Retrieved 2021-02-14.
  12. Zhao, Viola (2021-04-20). "2021年全球食用益生菌原料企业30强". FoodTalks (in Chinese). Retrieved 2022-01-18.
  13. "Marketing & Sales Analyst". Lesaffre. Retrieved 2023-05-23.
  14. Reuters (2024-10-03). "Zilor vende ativo à francesa Lesaffre em acordo de R$ 665 milhões". InfoMoney (in Brazilian Portuguese). Retrieved 2024-10-04.{{cite web}}: |last= has generic name (help)