Brief: Hofseth Biocare Signs Strategic Partnership With Symrise

Hofseth Biocare ASA

21/02/2025 08:16

Feb 21 (Reuters) - Hofseth Biocare ASA  HBC.OL :
    * HOFSETH BIOCARE ASA: HBC ACCELERATES IN HUMAN HEALTH AND
PET
NUTRITION THROUGH A STRATEGIC PARTNERSHIP WITH SYMRISE TO BUILD
OUT BERKÅK, TRIPLING THE MANUFACTURING CAPACITY OF THE GROUP
    * SYMRISE WILL SUPPORT FINANCING OF PROJECT THROUGH A EUR 5M
LOAN
    * EXPECT ALL PERMISSIONS TO BUILD OUT PLANT TO BE APPROVED
BY Q2
2025
    * PRELIMINARY START OF PRODUCTION IS TARGETED TO Q2 OF 2027.

Source text:  ID:nGNE8q9rMr 
Further company coverage:  HBC.OL 

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