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Fermenta Biotech’s arm acquires membership interest in AGD Nutrition, LLC

03 Dec 2020 Evaluate

Fermenta Biotech’s wholly owned subsidiary -- Fermenta Biotech USA, LLC has acquired a membership interest in AGD Nutrition, LLC. AGD Nutrition LLC is in the similar line of business as that of the Company and Fermenta Biotech USA, LLC. The main purpose of acquisition is to facilitate exports and enhance Company's footprint in North America.

Fermenta Biotech (formerly known as DIL) is engaged in the business of research support services through their subsidiary Research Support International Ltd. (RSIL), manufacture and marketing of enzymes and chemicals through their subsidiary Fermenta Biotech (FBL).

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