Novonesis to acquire dsm-firmenichs share of the Feed Enzyme Alliance

feedstuffs.com

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Novonesis to take over Feed Enzyme Alliance

Novonesis and dsm-firmenich reach agreement to dissolve Feed Enzyme Alliance, with Novonesis taking over sales and distribution activities.

foodbev.com

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DSM-Firmenich to divest stake in Feed Enzymes Alliance for €1.5bn

DSM-Firmenich has announced the sale of its stake in the Feed Enzymes Alliance to its equal partner Novonesis for €1.5 billion.

Feed & Additive Magazine

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dsm-firmenich to sell stake in Feed Enzymes Alliance to Novonesis - Feed & Additive Magazine

dsm-firmenich will be selling its stake in the Feed Enzymes Alliance to its equal partner Novonesis for €1.5 billion. In the context of dsm-firmenich’s separation of Animal Nutrition & Health from the group, the partners concluded that unwinding the alliance would be strategically beneficial for both parties. An innovator in nutrition and health, dsm-firmenich has announced the sale of its stake in the Feed Enzymes Alliance to its equal partner …

rd.nl

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DSM-Firmenich was among the winners on the Amsterdam stock exchange on Tuesday. The food and health company is selling its stake in the feed enzyme collaboration to its partner Novonesis for 1.5 billion euros. The activities were good for around 300 million euros in turnover in 2024 and are part of the Animal Nutrition & Health (ANH) branch for ingredients and vitamins for animal feed of DSM-Firmenich. DSM-Firmenich wants to spin off that branch…

ADKhabar

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Novonesis to acquire dsm-firmenichs share of the Feed Enzyme Alliance

Novonesis has reached an agreement with dsm-firmenich to dissolve the Feed Enzyme Alliance and take over its sales and distribution activities, in exchange for a total cash consideration of EUR 1.5 billion. After more than 25 years of successful collaboration, a strategic repositioning at dsm-firmenich allowed this opportunity to materialize. This acquisition is aligned with […]