Divestment of Natural Colors to EQT closed as of
The divestment follows the 2025 Strategy of Chr. Hansen becoming a differentiated bioscience company with focus on the microbial and fermentation technology platforms. The total consideration for the transaction is
Financial implications
The proceeds from the divestment will be used to reduce the leverage of Chr. Hansen. Also, as announced in connection with the Annual General Meeting on
The one-off profits from the transaction, which is the difference between the book value of the transferred assets and liabilities and the transaction value received, will be accounted for as part of the profits from discontinued operations in Q3. The impact is estimated to be around
The divestment covers business operations with asset transfers in more than 30 countries including transfer of 5 separate corporate entities and around 600 employees. Consistent with the transaction agreement, Chr. Hansen undertakes to provide various transition services for a period of up to two years to Natural Colors/EQT to ensure continuity of Natural Color business activities. The costs associated with Chr. Hansen corporate activities in Natural Colors that are not transferred to EQT will be partly covered by the fees from the transition services agreements, and will not impact the guidance on EBIT margin b.s.i. for this year.
Attachment
- No. 5 Closing of Natural Colors transaction
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