Corbion NV is engaged in the development, production, sale, and distribution of bakery supplies and food ingredients. It also develops, produces, and sells a variety of lactic acid applications for the food, chemical and pharmaceutical industries. The company operates its business through the following segments: Bakery Operations, Lactic Acid Operations, and Corporate Activities. The Bakery Operations segment develops, produces, and sells bakery ingredients and products through bakery supplies. The Lactic Acid Operations segment involves the production of lactic acid and lactic acid derivatives which are used in food, pharmaceutical, and technical products through purac. The Corporate Activities segment includes activities which cannot directly be allocated to one of the other segments, such as corporate finance, human resources, and legal. Corbion NV was founded on August 21, 1919 and is headquartered in Diemen, the Netherlands.