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LiAxx Biotech Joint Venture

Posted: September 28, 2006

A joint venture has been established between Axxence Aromatic GmbH (Ermmerich, Germany) and Liko Bratislava a.s. (Bratislava, Slovakia) to form LiAxx Biotech s.r.o. The new company will start construction of a biotechnology facility this year in Trnava, Slovakia. LiAxx Biotech has already started production of natural flavor chemicals using leased fermentation facilities in Slovakia.

Axxence Aromatic is a manufacturer and distributor of natural flavor chemicals with existing production in Grasse, France. Liko is the former State Research Institute for the food and fermentation industry and has research, development and pilot plant facilities in Bratislava.