Midori: DSM acquires next-gen eubiotics platform start-up to bolster support for sustainable animal farming

USA - Dutch multinational Nutrition, Health and Sustainable Living company Royal DSM has acquired eubiotics firm Midori USA, Inc. ("Midori") to bolster its sustainable farming portfolio. According to a statement from DSM, the company already owns 38.5% of the shares of Midori. The recent deal saw the company acquire the remaining 61.5% for a consideration of US$63m. Midori is a biotechnology start-up with a novel precision platform developing breakthrough targeted eubiotics that improve the health and environmental impact of animals. The Boston Massachusetts-based startup has developed a technology platform that identifies glycans derived from natural food sugars that can precisely modulate how...