date:Mar 26, 2019
Dutch ingredient firm Corbion has entered into a definitive agreement with the shareholders of the Granotec do Brazil to acquire a complete stake in the company for $45m.
Headquartered in Curitiba, Paran State, Brazil, Granotec do Brazil is engaged in the production of functional blends for the Brazilian bakery industry.
With a workforce of nearly 120 staff members, the firm operates a production facility and a development centre.
The acquisition of Granotec do Brazil is expected to expand Co