tiprankstipranks
Trending News
More News >

Hofseth BioCare Partners with Symrise for Global Expansion

Story Highlights
Hofseth BioCare Partners with Symrise for Global Expansion

Hofseth Biocare ASA ( (HOFBF) ) has shared an announcement.

Hofseth BioCare ASA announced a strategic partnership with Symrise to expand its manufacturing and market reach by constructing a second enzymatic hydrolysis plant in Norway, supported by a EUR 5 million loan from Symrise. This collaboration aims to enhance HBC’s production capacity, promote their marine ingredients globally, and strengthen their position as leaders in science-led marine nutrition, benefiting both companies’ portfolios and market presence.

More about Hofseth Biocare ASA

Hofseth BioCare ASA is a Norwegian company specializing in consumer and pet health products, founded on principles of sustainability and optimal resource utilization. The company focuses on upcycling salmon industry by-products into bioactive ingredients such as ProGo, OmeGo, and CalGo, which are designed to enhance human and pet health.

Average Trading Volume: 21,200

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $97.39M

Find detailed analytics on HOFBF stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App