Royal DSM became the owner of Vestkorn with effect from 16.December.
The acquisition is a further step in DSM’s strategy to build an alternative protein business and will provide synergy with DSM’s innovative CanolaPRO™ rapeseed protein isolate, which will commercially launch next year. Together with DSM, Vestkorn will increase the global reach and further strengthen the development of sustainable allergen-free textured proteins with superior functionality. DSM can also offer a wide range of complementary ingredients to the portfolio of Vestkorn. Vestkorn will continue as a stand-alone unit of DSM.
Royal DSM is a global, purpose-led company in Health, Nutrition & Bioscience, applying science to improve the health of people, animals and the planet. DSM’s purpose is to create brighter lives for all. DSM’s products and solutions address some of the world’s biggest challenges while simultaneously creating economic, environmental and societal value for all its stakeholders – customers, employees, shareholders, and society at large. DSM and its associated companies employ approximately 23,000 people around the world and deliver annual net sales of about €10 billion. The company was founded in 1902 and is listed on Euronext Amsterdam. More information can be found at www.dsm.com.