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Orkla Food Ingredients Signs License Agreement with Renaissance Bioscience

Orkla Food Ingredients Signs License Agreement with Renaissance Bioscience Corp. for Acrylamide-Reducing Yeast Technology

Orkla Food Ingredients, a business area of Orkla ASA (OSE:ORK) has signed a licence agreement with Renaissance BioScience Corp. to exclusively produce and sell Renaissance acrylamide-reducing yeast to food manufacturers in the European Nordic and Baltic markets, starting in third quarter 2017.

“Renaissance’s acrylamide-reducing yeast has shown promising results in baked goods trials, and Orkla is pleased to be working with Renaissance to make this valuable advance in food safety available to food manufacturers,” says Thore Svensson, Senior Vice President in Orkla Food Ingredients.

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Orkla & Renaissance News Release