400 employees will transition under Bonafarm’s leadership.
The company originally adopted precision fermentation to address the rising demand for plant-based protein alternatives and to expand its product offerings.
Net result rose by 25.7 per cent to 230 million euros (US$269.95 million).
The extended agreement positions IMCD as the sole distribution partner for FrieslandCampina Professional’s full range of food and beverage ingredient solutions.
According to the company, this marks a pivotal step towards sustainable dairy logistics.