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Business

DuPont Regroups To Absorb Danisco

by Michael McCoy
May 30, 2011 | APPEARED IN VOLUME 89, ISSUE 22

DuPont has formed two new business units—industrial biosciences and nutrition and health—to account for its recent acquisition of the Danish enzymes and food ingredients company Danisco. To be headed by James C. Collins Jr., industrial biosciences will be a $1 billion-a-year business that includes Danisco’s Genencor enzymes division and DuPont Applied Biosciences. Nutrition and health, headed by Craig F. Binetti, will combine Danisco Food Ingredients with DuPont’s existing nutrition and health business. It will have $3 billion in annual sales.

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