Ingredient producer Chr. Hansen acquired the remaining 50 percent of the shares of its Turkish subsidiary, Peyma Chr-Hansen. Turkey has seen steady growth in cultures, enzymes and natural colors and the company plans to expand its activities in the region.

"We have been present with the Peyma Chr-Hansen Joint Venture in Turkey since 1989. With this acquisition we can fully integrate operations into the rest of the Chr. Hansen organization, sustaining the whole group's success in the future," explained Jacob Vishof Paulsen, Chr. Hansen vice president of Europe, Middle East and Africa.

The takeover occurred with the full consensus from the general manager and shareholder of Peyma Chr Hansen, Toni Ciprut.

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"We wish to thank Mr. Ciprut for his efforts and his success throughout the many years. He has been instrumental in making Chr. Hansen a major player on the Turkish food ingredients market, and I am pleased to announce that he will continue to support the management team as a consultant over the coming two years," said Vishof Paulsen.

Ciprut said he is pleased to see his life's work continue under the new ownership. "I have always enjoyed cooperating with Chr. Hansen and I am happy to envisage a good future for the business. I look forward to assuming my new advisory role over next two years, which will ensure a continued strong bond to the company as well as more time for me to spend with family and friends," he said.

Carsten Rou will assume the role of country manager of Chr. Hansen Turkey. Rou has been with Chr. Hansen for 26 years, most recently as head of culture and enzyme sales in North America.