Chr. Hansen considers selling natural pigment business

According to foreign media sources, Chr. Hansen may consider selling its natural pigment business.

In the previously disclosed third quarter results, the company's revenue achieved organic growth of 7%, including food culture and enzyme business growth of 8% year-on-year, health and nutrition business growth of 12%, natural color business growth of 1%, will be 2019 /In the first nine months of fiscal year 20, organic revenue growth increased to 5%.

Mauricio Graber, Chief Executive Officer of Chr. Hansen, said: "During the strategic review process, Cohanson's board of directors and executive committee have considered the company's product portfolio and considered that the natural pigment business is not suitable for the company's microbial and fermentation technology platform, so consider the future Take strategic measures for the natural pigment business, including the possible sale of the business. We will hold a virtual capital market day on August 25, when we will announce the results of the strategic review."