Goethe University Frankfurt spin-out Butalco has been acquired by French yeast producer Lesaffre.
Butalco, a biotech spun out of Goethe University Frankfurt, has been acquired by Lesaffre, a yeast producer and fermentation specialist based in northern France. Butalco commercialised an isobutanol based on yeast, which can be used as a biofuel.
As part of the acquisition deal, Butalco will be a subsidiary of the recently established Lesaffre Advance Fermenation (Leaf) Technologies department. The spin-out will continue conducting its research and development at the university’s Institute for Molecular Biosciences.
The spin-out was created in…
