University of Leipzig spinout C-Lecta has agreed to an acquisition by Kerry, giving it access to additional markets.

Thomas Pfaadt, chief financial officer and managing director, and Marc Struhalla, CEO and managing director of C-Lecta (Photo: C-Lecta)

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…

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Thierry Heles

Thierry Heles is the editor of Global University Venturing, host of the Beyond the Breakthrough interview podcast and responsible for the monthly GUV Gazette (sign up here for free).
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