Novozymes A/SBagsværd, Denmark

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Novozymes Company Description

Enzymes from Novozymes might have had a hand in making your beer, washing the mustard stain off your shirt, turning corn into ethanol for your car, or even treating your medical condition. The company produces more than 700 kinds of enzymes, microorganisms, biopolymers, and proteins used by more than 40 industries in 130 countries worldwide. Its enzymes are used in detergents, foods, animal feed, and other industrial and commercial products. The firm's microorganisms are used in wastewater treatment, and its proteins and biopolymers are used in pharmaceuticals. Novozymes is a sister company to Novo Nordisk, and the not-for-profit Novo Nordisk Foundation controls a majority of Novozymes' voting stock.

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The Company Description provides a historical perspective of Novozymes's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Novozymes's evolution in the marketplace.

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