DSM and Firmenich Merger Announcement
Global giants DSM and Firmenich announced to merge forces to form DSM-Firmenich, which would have headquarters both in Switzerland (Kaiseraugst) and the Netherlands (Maastricht).
The merger is expected to be finalized in the first half of next year and is anticipated to lead to an organic sales growth of 5% to 7% per year. The combination will bring together Firmenich’s global Flavors and Fragrances businesses with DSM’s Health and Nutrition portfolios.
This would establish the company to be one of the leaders in nutrition, beauty, and well-being segments, manifesting tough competition to the existing companies.