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Chr. Hansen

Chr. Hansen A/S is a bioscience company based in Hørsholm, Denmark. The company is a supplier of bacteria cultures, probiotics, enzymes[1] and human milk oligosaccharides. Its products are used in the production of fresh dairy, cheese, meat, seafood, fermented beverages, dairy and meat alternatives, dietary supplements, infant formula, pharmaceuticals and agricultural products.[1] In 2021, Chr. Hansen A/S was ranked 1st on FoodTalks' Top 30 Global Probiotic Food Ingredient Companies list.[4] Chr. Hansen owns one of the world's largest commercial bacteria collections.[1]

Chr. Hansen A/S
TypePublicly traded Aktieselskab
Nasdaq Copenhagen: CHR
ISINDK0060227585 
IndustryBioscience
Founded1874; 149 years ago (1874)
HeadquartersHørsholm, Denmark
Key people
Dominique Reiniche (Chair), Mauricio Graber (President and CEO)
Productsmicrobiological cultures, enzymes, probiotics, Human milk oligosaccharides
Revenue1,218 million (2022)
326 million (2022)
225 million (2022)
Total assets3,317 million (2022)
Total equity181 million
Number of employees
3,834 (2021-2022)
Websitewww.chr-hansen.com
Footnotes / references
[1][2][3]

Chr. Hansen A/S has development centers in Denmark, the United States, France and Germany[1] including research facilities in Denmark and France. A large percentage of the employees engage in research and development for the international food and pharmaceuticals industries.

Chr. Hansen A/S has five main production sites: two in Denmark and Germany (Nienburg and Pohlheim) and one each in France (Arpajon) and the US (West Allis, Milwaukee, WI) and an international presence in 30 countries.[5][1] It has been listed on Nasdaq OMX Copenhagen since June 3, 2010, under the symbol "CHR".

History Edit

The company is named for its founder, Christian D. A. Hansen,[1] a pioneering Danish chemist whose work focused on enzymes.[6] Hansen began the company in 1874[6] as a joint venture with pharmacist H.P. Madsen.

Initial products included animal rennet for cheese-making[6][1] as well as annatto-based coloring agents for butter and cheese.[1] Operations in the United States were begun in 1878.[6] Their lines soon expanded to include starter cultures for cheese, yogurt and sour cream. In 1890 Hansen purchased Lock Island in the Mohawk River in Little Falls, New York, for a manufacturing facility, renaming the island "Hansen Island".[7][8][1] Hansen's son Johannes took over the company in 1916 upon his father's death. That same year, the company began production in England[1] to bypass the German blockade of exports to Great Britain and beyond during World War I. Facilities in Italy and Germany followed in 1936[1] during the inter-war period. By 1951, Hansen began production in Australia.[1] Further international expansion in places such as South America followed,[1] and from the 1970s to the 1990s saw a period of acquisition of other firms.[1] The company released its first probiotic in 1987.[1] In 1991, the Lundbeck Foundation obtained majority control of the company and initiated a major restructuring into a holding company format.[1] Additional growth and consolidation followed, and Chr. Hansen Group was spun off into a separate, independent company in May 2005[9][10][6] which allowed the company to focus on long-term growth strategies rather than quarterly goals.[1]

In December 2022, Chr. Hansen started the merger with Novozymes.[11] It is planned to be implemented at the end of 2023.

The company in June 2023 succumbed to pressure from right-wing religious groups in the US and dropped support to their LGBT+ staff.[12][13] This caused widespread staff protest. Meanwhile, the merger partner Novozymes has maintained its stance as full LGBT+ allies.

Sustainability Edit

Chr. Hansen began looking for healthier meat alternatives in the mid-1970s due to rising problems within the chicken and meat industry.[1] In 2019 Chr. Hansen was ranked as the most sustainable company in the world. The ranking was given by the Canadian business and society magazine Corporate Knights and was announced at the World Economics Forum in Davos, Switzerland.[14]

In November 2021, Chr. Hansen launched climate targets for 2030 and began to reduce its carbon footprint in an effort to meet those targets.[15]

References Edit

  1. ^ a b c d e f g h i j k l m n o p q r s Johnson, Drew D., ed. (2017). "Chr. Hansen Group A/S". International Directory of Company Histories. Farmington Hills, MI: St. James Press. Retrieved 11 December 2022.
  2. ^ "Chr. Hansen Annual Report 2021|22. - Document - Gale Business: Insights". go.gale.com. Retrieved 2022-12-11.
  3. ^ "NASDAQ Company Fact Sheet - Chr. Hansen Holding A/S". NASDAQ Copenhagen. 11 December 2022. from the original on 11 December 2022. Retrieved 11 December 2022.
  4. ^ Zhao, Viola (2021-04-20). "2021年全球食用益生菌原料企业30强". FoodTalks (in Chinese). from the original on 2022-01-17. Retrieved 2022-01-19.
  5. ^ "Annual Report 2020/2021" (PDF). Chr. Hansen. Retrieved 21 June 2022.
  6. ^ a b c d e Nicolai J. Foss; Torben Pedersen; Jacob Pyndt; Majken Schultz (January 12, 2012). Innovating Organization and Management: New Sources of Competitive Advantage. Cambridge, UK: Cambridge University Press. pp. 140–157. ISBN 978-1-107-01105-2. OCLC 732967810.
  7. ^ https://www.chr-hansen.com/en/about-us/history#event-hansen-island
  8. ^ https://littlefallshistoricalsociety.org/museum-exhibit/little-falls-waterways/
  9. ^ "The History of Chr. Hansen - the first 140 years". Chr. Hansen. Retrieved 30 November 2015.
  10. ^ "Chr. Hansen Group A/S History". FundingUniverse. Retrieved 30 November 2015.
  11. ^ https://www.globenewswire.com/news-release/2023/03/30/2637510/0/en/Combination-between-Novozymes-and-Chr-Hansen-approved-by-Novozymes-shareholders.html#:~:text=On%20December%2012%2C%202022%2C%20Novozymes,(the%20%22Combination%22).
  12. ^ Nielsen, Joacim Præst (2023-06-26). "Chr. Hansen fjerner støtte til lgbt+-miljøet efter pres". borsen.dk (in Danish). Retrieved 2023-06-26.
  13. ^ https://cphpost.dk/2023-06-27/news/top-danish-company-hugely-criticised-for-withdrawing-support-for-pride-due-to-us-threats/
  14. ^ Eisenberg, Peter B. Rasmussen og Erik (22 January 2019). "To danske virksomheder topper listen over verdens mest bæredygtige firmaer: Se listen her". borsen.dk. Retrieved 28 January 2019.
  15. ^ "Chr. Hansen launches science-based climate targets and embarks on a focused decarbonization journey". chr-hansen.dk. 15 November 2021. Retrieved 21 June 2022.

External links Edit

  • Official website

hansen, bioscience, company, based, hørsholm, denmark, company, supplier, bacteria, cultures, probiotics, enzymes, human, milk, oligosaccharides, products, used, production, fresh, dairy, cheese, meat, seafood, fermented, beverages, dairy, meat, alternatives, . Chr Hansen A S is a bioscience company based in Horsholm Denmark The company is a supplier of bacteria cultures probiotics enzymes 1 and human milk oligosaccharides Its products are used in the production of fresh dairy cheese meat seafood fermented beverages dairy and meat alternatives dietary supplements infant formula pharmaceuticals and agricultural products 1 In 2021 Chr Hansen A S was ranked 1st on FoodTalks Top 30 Global Probiotic Food Ingredient Companies list 4 Chr Hansen owns one of the world s largest commercial bacteria collections 1 Chr Hansen A STypePublicly traded AktieselskabTraded asNasdaq Copenhagen CHRISINDK0060227585 IndustryBioscienceFounded1874 149 years ago 1874 HeadquartersHorsholm DenmarkKey peopleDominique Reiniche Chair Mauricio Graber President and CEO Productsmicrobiological cultures enzymes probiotics Human milk oligosaccharidesRevenue 1 218 million 2022 Operating income 326 million 2022 Net income 225 million 2022 Total assets 3 317 million 2022 Total equity 181 millionNumber of employees3 834 2021 2022 Websitewww chr hansen comFootnotes references 1 2 3 Chr Hansen A S has development centers in Denmark the United States France and Germany 1 including research facilities in Denmark and France A large percentage of the employees engage in research and development for the international food and pharmaceuticals industries Chr Hansen A S has five main production sites two in Denmark and Germany Nienburg and Pohlheim and one each in France Arpajon and the US West Allis Milwaukee WI and an international presence in 30 countries 5 1 It has been listed on Nasdaq OMX Copenhagen since June 3 2010 under the symbol CHR Contents 1 History 2 Sustainability 3 References 4 External linksHistory EditThe company is named for its founder Christian D A Hansen 1 a pioneering Danish chemist whose work focused on enzymes 6 Hansen began the company in 1874 6 as a joint venture with pharmacist H P Madsen Initial products included animal rennet for cheese making 6 1 as well as annatto based coloring agents for butter and cheese 1 Operations in the United States were begun in 1878 6 Their lines soon expanded to include starter cultures for cheese yogurt and sour cream In 1890 Hansen purchased Lock Island in the Mohawk River in Little Falls New York for a manufacturing facility renaming the island Hansen Island 7 8 1 Hansen s son Johannes took over the company in 1916 upon his father s death That same year the company began production in England 1 to bypass the German blockade of exports to Great Britain and beyond during World War I Facilities in Italy and Germany followed in 1936 1 during the inter war period By 1951 Hansen began production in Australia 1 Further international expansion in places such as South America followed 1 and from the 1970s to the 1990s saw a period of acquisition of other firms 1 The company released its first probiotic in 1987 1 In 1991 the Lundbeck Foundation obtained majority control of the company and initiated a major restructuring into a holding company format 1 Additional growth and consolidation followed and Chr Hansen Group was spun off into a separate independent company in May 2005 9 10 6 which allowed the company to focus on long term growth strategies rather than quarterly goals 1 In December 2022 Chr Hansen started the merger with Novozymes 11 It is planned to be implemented at the end of 2023 The company in June 2023 succumbed to pressure from right wing religious groups in the US and dropped support to their LGBT staff 12 13 This caused widespread staff protest Meanwhile the merger partner Novozymes has maintained its stance as full LGBT allies Sustainability EditChr Hansen began looking for healthier meat alternatives in the mid 1970s due to rising problems within the chicken and meat industry 1 In 2019 Chr Hansen was ranked as the most sustainable company in the world The ranking was given by the Canadian business and society magazine Corporate Knights and was announced at the World Economics Forum in Davos Switzerland 14 In November 2021 Chr Hansen launched climate targets for 2030 and began to reduce its carbon footprint in an effort to meet those targets 15 References Edit a b c d e f g h i j k l m n o p q r s Johnson Drew D ed 2017 Chr Hansen Group A S International Directory of Company Histories Farmington Hills MI St James Press Retrieved 11 December 2022 Chr Hansen Annual Report 2021 22 Document Gale Business Insights go gale com Retrieved 2022 12 11 NASDAQ Company Fact Sheet Chr Hansen Holding A S NASDAQ Copenhagen 11 December 2022 Archived from the original on 11 December 2022 Retrieved 11 December 2022 Zhao Viola 2021 04 20 2021年全球食用益生菌原料企业30强 FoodTalks in Chinese Archived from the original on 2022 01 17 Retrieved 2022 01 19 Annual Report 2020 2021 PDF Chr Hansen Retrieved 21 June 2022 a b c d e Nicolai J Foss Torben Pedersen Jacob Pyndt Majken Schultz January 12 2012 Innovating Organization and Management New Sources of Competitive Advantage Cambridge UK Cambridge University Press pp 140 157 ISBN 978 1 107 01105 2 OCLC 732967810 https www chr hansen com en about us history event hansen island https littlefallshistoricalsociety org museum exhibit little falls waterways The History of Chr Hansen the first 140 years Chr Hansen Retrieved 30 November 2015 Chr Hansen Group A S History FundingUniverse Retrieved 30 November 2015 https www globenewswire com news release 2023 03 30 2637510 0 en Combination between Novozymes and Chr Hansen approved by Novozymes shareholders html text On 20December 2012 2C 202022 2C 20Novozymes the 20 22Combination 22 Nielsen Joacim Praest 2023 06 26 Chr Hansen fjerner stotte til lgbt miljoet efter pres borsen dk in Danish Retrieved 2023 06 26 https cphpost dk 2023 06 27 news top danish company hugely criticised for withdrawing support for pride due to us threats Eisenberg Peter B Rasmussen og Erik 22 January 2019 To danske virksomheder topper listen over verdens mest baeredygtige firmaer Se listen her borsen dk Retrieved 28 January 2019 Chr Hansen launches science based climate targets and embarks on a focused decarbonization journey chr hansen dk 15 November 2021 Retrieved 21 June 2022 External links EditOfficial website Retrieved from https en wikipedia org w index php title Chr Hansen amp oldid 1162498935, wikipedia, wiki, book, books, library,

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