Finance
Louis Dreyfus to buy BASF's food and health performance ingredients business
Published by Global Banking & Finance Review®
Posted on December 23, 2024
1 min readLast updated: January 27, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on December 23, 2024
1 min readLast updated: January 27, 2026
Louis Dreyfus Company is acquiring BASF's food and health performance ingredients business to diversify and expand its consumer focus.
PARIS (Reuters) - Commodity group Louis Dreyfus Company (LDC) said on Monday it had signed a binding agreement to buy German chemicals maker BASF's Food and Health Performance Ingredients business as part of its diversification push.
LDC has partly shifted its focus towards the consumer end of the food chain to become less reliant on commodity trading. It launched its own juice brand and established a pulses unit to support expansion into plant-based protein products.
The deal with BASF includes a production site and an R&D centre in Germany and three application labs outside of Germany, LDC said.
BASF said separately that the food and health performance ingredients business had limited synergies into the group and was no longer a strategic focus area for it.
The companies did not give financial details of the agreement.
(Reporting by Sybille de La Hamaide; Editing by Kirsten Donovan)
The main topic is the acquisition of BASF's food and health performance ingredients business by Louis Dreyfus Company.
LDC is acquiring BASF's business to diversify its operations and focus more on the consumer end of the food chain.
The deal includes a production site, an R&D center in Germany, and three application labs outside of Germany.
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