French family-owned company, Lesaffre, specialising in yeasts and fermentation products, has launched a new expertise hub in Singapore on Tuesday (May 16).
As cited in the company's press release, the Singapore hub fortifies Lesaffre’s commitment to its regional customers while working with them to meet local demands in a diverse region. The project, an investment of S$4 million, is expected to create more than 75 jobs by the end of 2018.
Located along with several others of the company’s teams, the regional hub is expected to consolidate Lesaffre's various business streams at the forefront of advanced yeast applications and improve collaborative engineering of tailored business solutions in the region.
The opening was inaugurated by Antoine Baule, chief executive officer of Lesaffre in the presence of Low Yen Ling, senior parliamentary secretary for the ministry of trade and industry, and ministry of education, together with His Excellency, Marc Abensour, ambassador of France to Singapore.
Joergen Lundgaard, Asia Pacific managing director said: "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. Lesaffre will continue to invest in local and regional talent, process capabilities and innovative technology to support the robust growth in this important region."