Genovis and ArcticZymes Technologies enter into a collaboration agreement to accelerate growth in China

Genovis and ArcticZymes are excited to announce a collaboration to speed up penetration and growth in the Chinese market. The collaboration will create several synergies that will allow both companies to tap into the projected growth potential in China for their respective market segments. The focus of the collaboration will be on sharing Business Development resources and engaging in joint marketing activities.  The joint effort will allow both companies to have a direct presence in the Chinese market with local resources. 

According to Dirk Hahneiser, VP of Business Development & Marketing, ArcticZymes: "Sharing our resources will not only leverage economies of scale, increased profitability, and long-term value creation for shareholders, but also frees up resources to focus even more on our customers and their needs".

Rikke Rytter, VP Sales & Marketing at Genovis, says, "We're excited about the collaboration because joining forces enables both Nordic enzyme companies to leverage synergies, amplify impact, mitigate risk, and expand our respective presence in this fast-growing market".