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The Idea for Syconium Lactic Acid GmbH was developed between the scientific experts Diethard Mattanovich and Michael Sauer and the expert for business development in the biotech industry Otto Kanzler. With the involvement of the private investor Leopold Sandler (Managing Director of GLD Holding GmbH) and the entry of Michael Hammerschmid as general manager Syconium Lactic Acid GmbH was founded in July 2014.