University of Leipzig spinout C-Lecta has agreed to an acquisition by Kerry, giving it access to additional markets.
C-Lecta, a Germany-based enzyme engineering and bioprocess developer spun out of University of Leipzig, has agreed to an acquisition by food group Kerry for €137m ($155m).
The deal will give Kerry a 92% stake in the business, with the remainder held by C-Lecta’s management. The sum paid by Kerry remains…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
