Chr. Hansen

History

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

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

In December 2022, Chr. Hansen started the merger with Novozymes. It is planned to be implemented at the end of 2023. The proposed merger between Novozymes A/S (‘Novozymes') and Christian Hansen A/S (‘Chr. Hansen') is regarded by the European Commission as conditional with the commitments offered by the parties.

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

In December 2023, it was announced that name of the new company formed as a result of the merger between Chr. Hansen and Novozymes will be Novonesis.

Sustainability

Chr. Hansen began looking for healthier meat alternatives in the mid-1970s due to rising problems within the chicken and meat industry. 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.

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

References

References

1. "Chr. Hansen Annual Report 2021{{!}}22. - Document - Gale Business: Insights".
2. (11 December 2022). "NASDAQ Company Fact Sheet - Chr. Hansen Holding A/S".
3. Wihlander, Beatrice. (19 December 2022). "Chr. Hansen and Novozymes write history as Denmark’s largest merger, scaling up production".
4. (2017). "Chr. Hansen Group A/S". St. James Press.
5. Zhao, Viola. (2021-04-20). "2021年全球食用益生菌原料企业30强".
6. "Annual Report 2020/2021". Chr. Hansen.
7. "History: Hansen Island".
8. "Little Falls Waterways".
9. "The History of Chr. Hansen: the first 140 years". Chr. Hansen.
10. "Chr. Hansen Group A/S History". FundingUniverse.
11. (January 12, 2012). "Innovating Organization and Management: New Sources of Competitive Advantage". Cambridge University Press.
12. (2023-03-30). "Combination between Novozymes and Chr. Hansen approved by Novozymes’ shareholders".
13. (12 December 2023). "Commission clears Novozymes and Chr. Hansen merger, subject to conditions".
14. Nielsen, Joacim Præst. (2023-06-26). "Chr. Hansen fjerner støtte til lgbt+-miljøet efter pres".
15. Hamilton, Ben. (2023-06-27). "Top Danish company hugely criticised for withdrawing support for Pride due to US threats".
16. Chris Capot. (2023-12-15). "Novozymes, Chr. Hansen to take new name following combination".
17. Eisenberg, Peter B. Rasmussen og Erik. (22 January 2019). "To danske virksomheder topper listen over verdens mest bæredygtige firmaer: Se listen her".
18. (15 November 2021). "Chr. Hansen launches science-based climate targets and embarks on a focused decarbonization journey".