April 2, 2019 / 3:39 PM / 23 days ago

BRIEF-Lonza Group And Chr. Hansen To Establish Joint Venture

April 2 (Reuters) - Lonza Group AG:

* LONZA AND CHR. HANSEN IN JOINT VENTURE TO ACCELERATE MOMENTUM IN MICROBIOME

* PHASED INVESTMENT OF APPROXIMATELY EUR 90 MILLION TO BE SHARED EQUALLY BETWEEN PARTNERS OVER THREE YEARS

* LONZA GROUP - JV WILL BE A 50/50 CONTROLLED LEGAL ENTITY THAT WILL OPERATE FROM ITS HEADQUARTERS IN BASEL (CH) AND HAVE PRODUCTION FACILITIES IN DENMARK AND SWITZERLAND Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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