NIB Nordic Investment Bank

Loan

Denmark. Chr. Hansen Holding A/S

Date of loan: 5 Jul 2017
Country: Denmark
Customer: Chr. Hansen Holding A/S
Amount in EUR: EUR 50 million
Maturity: 5 years
NACE sector / loan type: Research and development

Sectors

Industries and services

Project

The loan has been provided to finance Chr. Hansen Holding A/S’s research and development programme in 2017–2018. The programme has a total budget of EUR 150 million and will focus on process optimisation and development of new innovative products.

Chr. Hansen’s R&D activities are driven by customer demand, which includes demand for cleaner food and beverage products. For instance, the field of bio-protection focuses on keeping food products fresh for longer while reducing chemical additives. The R&D projects are also aimed at new fields, such as plant and animal health.

Founded in 1874, Chr. Hansen Holding A/S is a global supplier of bioscience-based ingredients to the food, health and animal feed industries. The company produces cultures and dairy enzymes, probiotics and natural colours.

Fulfilment of NIB's mandate

This loan will benefit competitiveness by adding value to in-house capacity and bioscience innovations. Chr. Hansen is a pioneer in probiotics, and its portfolio features some of the most-documented bacterial strains. The company’s R&D programme is geared towards customer needs and employs leading enzyme technology to deliver unique microbial solutions for a wide range of industries. As maintaining a technological edge is the key to growth in the bioscience industry, excellent performance in innovation is crucial.

The programme includes more than 100 R&D projects, half of which are within the fresh dairy and cheese sector.

Sustainability summary

No significant environmental issues are expected to arise from the R&D programme.

Back to agreed loans

  • AR2016

News

NIB co-hosts Nordic Finance Day COP23 on 14 November

NIB is co-hosting the Nordic Finance Day on 14 November at the UN Climate Summit COP23 in Bonn, Germany. The programme is being held at the Nordic Pavilion.

1 Nov 2017

NIB-financed Helsinki–Espoo metro line launched in Finland

On 18 November, the Helsinki city transport operator HKL launched a 14-kilomtre extension of Helsinki metro line into the city of Espoo.

18 Nov 2017

NIB funds advanced metering and power grid upgrades in Norway

A loan to the Norwegian regional utility Glitre Energi AS will finance the roll-out of an advanced smart metering system and regional and distribution power grid upgrades.

16 Nov 2017


MORE NEWS