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News details

Sep 5, 2012

In The News

Lallemand Acquires North American Bioproducts Corporation (NABC)

MONTREAL, September 5, 2012- Lallemand is pleased to announce the acquisition of North
American Bioproducts Corporation (NABC). NABC, based in Atlanta, Georgia, is a provider of
yeast and fermentation adjuncts as well as support and education services to the Fuel Ethanol
Industry. In this transaction, Lallemand also acquired NABC’s ancillary businesses; Piedmont
Contract Packaging, NABC do Brasil and NABC International.

The acquired companies will be combined with Lallemand’s existing business, Lallemand
Ethanol Technology (LET), to form a new larger Business Unit of the Specialties Division of
Lallemand, which is led by Bill Nankervis, based in Toulouse, France.
This new Business Unit, yet to be named, will be headquartered in Atlanta, Georgia, and
managed by NABC Founder, Kevin Dailey.

Said Jean Chagnon, President of Lallemand; “This transaction underscores Lallemand’s
commitment to continued investment to better serve the biofuels and distilled beverage markets

“We are very pleased to have the opportunity to bring together two successful companies” said
Bill Nankervis, President of Lallemand’s Specialties Division. “This will increase our market
reach and enhance our capability to commercialize new technologies such as the TransFerm
yeast. Our customers and our people, as always, will remain top priorities throughout the
merger process”.

“NABC and LET are both respected in the marketplace, sharing the mission of delivering high
quality products, service and education to the fuel ethanol and distilled beverage industries.
Together, we will be a more attractive and exciting company for our employees, and a more
resourceful partner for our customers,” said Kevin Dailey, President of the new Business Unit,
which is now a global leader in providing yeast and fermentation ingredients to the fuel ethanol
and distilled beverage industries.

Lallemand Inc. is a privately held Canadian company specializing in the research, development,
production, marketing and distribution of yeast and bacteria. Lallemand has approximately
2,400 employees located in more than 36 countries on 5 continents.

For more information about Lallemand, please visit www.lallemand.com.