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Markets :: Specialty Chemicals :: Food additives
DSM Invests in Probiotics Start Up
9:43 AM MST | November 5, 2007 | Alex Scott
DSM says its subsidiary DSM Ventures and private equity firm Capital Resource Partners (Boston, MA) have each invested in Ganeden Biotech (Mayfield Heights, OH), a manufacturer of dietary supplements for digestive health. DSM and CSP have invested a combined total of $12 million. Further details about DSM’s share of the investment were not disclosed. Ganeden’s products are based on the use of a spore-forming and lactic-acid-producing bacterium, Bacillus coagulans. DSM says the investment will contribute to the company’s innovation ambitions in...
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