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 | | NEW CSM INNOVATION CENTRE | | | CSM | | 03/07/2008 | | | The CSM Innovation Center in Bingen is the first of four European Innovation Centers that is celebrating its official opening. It will specialize in bakery ingredients, while the other three Innovation Centers will focus on bakery fats, frozen bakery products and sweet ingredients, reflecting CSM’s ongoing investments in innovation and product development together with its customers.
The CSM Innovation Center for Bakery Ingredients in Bingen will co-locate with marketing, application and development related functions of the well-established MeisterMarken and Ulmer Spatz bakery brands.
Gerard Hoetmer, CEO of CSM said: “The new CSM Innovation Center for Bakery Ingredients is another important step in bolstering our ongoing focus on the market and our commitment to develop new products together with our customers. Co-locating the German artisan ingredient business with the European oriented activities of the Innovation Center for Bakery Ingredients in Bingen will further strengthen our position in the bakery market in Germany and throughout Europe.”
For more information, please contact:
Press: Mirko Creyghton, Director Corporate Communications,
tel. +31 (0)20 5906320 / cell phone +31 6 53527622
Analysts: Ian Blackford, Investor Relations Manager,
tel. +31 (0)20 5906349 / cell phone +44 (0)7767 227506
Background information:
CSM is the largest supplier of bakery products worldwide and is global market leader in lactic acid and lactic acid derivatives. CSM produces and distributes an extensive range of bakery products and ingredients for artisan and industrial bakeries and for in-store as well as out-of-home markets. It also produces a variety of lactic acid applications for the food, chemical and pharmaceutical industries. CSM operates in business-to-business markets throughout Europe, North America, South America, and Asia, generates annual sales of € 2.5 billion and has a workforce of around 8,700 employees in 23 countries. CSM is listed on Euronext Amsterdam. For more information: www.csm.nl. | |
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