“We’re extremely pleased to expand our relationship with Renaissance. During the past 4 years, Renaissance has developed and successfully commercialised a range of world-class yeast strains for wine and cider, and we are excited to become their exclusive manufacturing and distribution partner going forward for these successful products,” said Mr Wu Zhaohui, Vice President of Angel Yeast Co., Ltd.
“Importantly, Angel will be the exclusive global partner with Renaissance to introduce an exciting new line of premium beer yeast for the rapidly growing global craft beer industry."
Renaissance has been an excellent business partner and we’re looking forward to working together to build this expanding beverage yeast business.”
Dr Cormac O’Cleirigh, Chief Business Development Officer for Renaissance BioScience, commented: “Angel Yeast is a leading yeast company with world-class production and a global distribution reach far beyond its home markets in China and the Asia Pacific region."
This agreement is the natural evolution of our ongoing relationship with Angel Yeast and with it we’re taking the next step to work more closely with them to bring new yeast to market in the craft beer industry, as well as continue the impressive growth we’ve seen in the wine and cider industries during the past 4 years.”
Renaissance’s novel hydrogen sulphide-preventing wine, cider and craft beer yeasts have generated significant commercial interest in Europe, Asia, North and South America, Africa and Australia/New Zealand.
All Renaissance yeasts are patent-protected and were developed using classical non-GMO techniques.
Under the agreement, Renaissance will work with Angel to fully commercialise the existing wine, cider and craft beer yeast portfolio, and bring new and exciting strains to the market in the coming years.