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MN-10030

Novonesis / MicrobiogenMN-10030

View on ACCC

Processing timeline

3

days

Filed

21 Aug 2026

Decision Due

2 Oct 2026

Est decision date: 23 Sept 2026. Based on 74 decided Professional & Business Services notifications.

Type
Notification
Outcome
Pending
Stage
Phase 1 - initial assessment
Status
Under assessment

Parties

Acquirer(s)

NOVOZYMES AUSTRALIA PTY LTD ABN - 48 001 420 677

Target(s) or Vendor(s)

MICROBIOGEN PTY LTD ABN - 91 096 059 700

Other parties

Novo Holdings A/S CVR - 24257630, Novonesis A/S CVR - 10007127

Summary

Global biotechnology company Novonesis A/S, via Novozymes Australia Pty Ltd, proposes to acquire 100% of the outstanding share capital of Sydney-based biotechnology company Microbiogen Pty Ltd. Novonesis supplies enzymes and microorganisms, while Microbiogen researches yeast strains for industrial applications.

Acquisition details

Novonesis A/S ( Novonesis ) proposes to indirectly acquire 100% of the outstanding issued and to be issued share capital of Microbiogen Pty Ltd ( Microbiogen ) through its wholly owned subsidiary, Novozymes Australia Pty Ltd ( Novozymes ) (the Acquisition ). Novonesis is a global biotechnology company headquartered in Denmark. Novonesis manufactures and supplies enzymes and microorganisms for industrial applications across multiple sectors. In Australia, it operates through its wholly owned subsidiary Novozymes, which operates as the regional sales, distribution and technical support arm of Novonesis in Australia and New Zealand. Novonesis is majority owned and controlled by Novo Holdings A/S, which is in turn wholly owned by the Novo Nordisk Foundation, an independent enterprise foundation based in Hellerup, Denmark. Microbiogen is a biotechnology company based in Sydney, Australia. Microbiogen is active in the research and development of yeast strains for industrial applications across a range of sectors, including biofuels, baking, food, animal feed, beverages and biochemicals. Novonesis currently holds an existing minority shareholding in Microbiogen and via the Acquisition proposes to indirectly acquire the outstanding share capital in Microbiogen that is not already owned by Novonesis.

Industry

Broad:Professional & Business Services

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