Effective with the acquisition, Bifodan is a wholly owned subsidiary of Deerland. Scott Ravech, current Deerland CEO, will continue in that position. Bifodan’s CEO Steen Andersen has been named President Deerland Probiotics & Enzymes International, and will be responsible for the Hundested site and all activity outside the Americas.
Related: Deerland Prebiotic PreforPro Shown to Support Gut Microbiota Functional Applications for Spore-Forming Probiotics Beyond Probiotics: Pre-, Syn-, Post-, and Psycho-“We believe this investment will allow us to bring even greater value to our respective customers and to the enzyme and probiotic industries we serve,” said Ravech in the release. “Deerland and Bifodan are leaders in their respective markets. Bringing together this expertise will benefit both companies, our employees, and our customers.”
“We are excited to join the Deerland organization and have great expectations to leverage the combined competencies of our companies to create a strong global player,” added Andersen.