SINGAPORE – Lesaffre Yeast Corp. on May 16 held a grand opening for its new expertise hub in Singapore that houses several of its baking, good taste, human health and nutrition and biotechnology teams in one location.
The stated goal of the company is to consolidate its various business streams at the forefront of advanced yeast applications and improve collaborative engineering of tailored business solutions in the Asia Pacific region.
The 1,000-square-meter space also houses a Lesaffre baking center, which serves as a collaborative space to explore operational solutions tailored to taste. The two new application centers are dedicated to baking and culinary applications and enable the group to better adapt and respond to changing food trends across Asia Pacific.
“Being at the heart of a region with an important role in the food, biotechnology, human and animal care sectors, fully justify the company’s investments in Singapore,” said Antoine Baule, chief executive officer of Lesaffre. “As a family-owned group, headquartered in France and operating in APAC (Asia Pacific) for more than 40 years, Lesaffre is very committed to its new set up in Singapore to better serve its customers in the region.”
The S$4 million ($2.9 million) project is expected to create more than 75 jobs by the end of 2018.“Singapore’s capabilities as a high quality, future ready, global food ingredients hub was a key factor in our decision to make it the home of our Asia Pacific regional hub,” said Joergen Lundgaard, Asia Pacific managing director. “Lesaffre will continue to invest in local and regional talent, process capabilities and innovative technology to support the robust growth in this important region.”