Novozymes Acquires Natural Industries

Jennifer Zurko

Novozymes, a global company that specializes in bio-innovation, has signed a definitive agreement to acquire Natural Industries Inc. Based in Houston, Texas, U.S. Natural Industries Inc. has annual revenues of $5 million and is a bioagricultural company.

“I am excited to have the people and technologies of Natural Industries Inc. join our growing BioAg business,” said Thomas Videbæk, Executive Vice President of Novozymes and head of BioBusiness. “Natural Industries Inc. expands Novozymes’ position in the important biocontrol segment and improves our capabilities to grow our business in key U.S. markets on high-value crops like fruits and vegetables.”

Natural Industries Inc. and Novozymes have agreed not to disclose the financial terms of the agreement. The acquisition does not impact Novozymes’ financial guidance for 2012. GT