Andre Pectin: Shareholding Increase to 90.5% Completed by dsm-firmenich
Deal News | Apr 03, 2025 | Globenewswire
dsm-firmenich, a global innovator in nutrition, health, and beauty products, has completed an increase in its shareholding of Yantai DSM Andre Pectin Company Limited, now holding a 90.5% share. Prior to this transaction, dsm-firmenich had a 75% share in the company. The remaining 9.5% of Andre Pectin's shares are owned by Rich Spring Holdings Limited. Andre Pectin is recognized for producing specialized food ingredients. The transaction details remain confidential. dsm-firmenich operates with dual headquarters in Kaiseraugst, Switzerland, and Maastricht, Netherlands, and is listed on the Euronext Amsterdam exchange. The firm is notable for its sustainable practices and a team of nearly 30,000 employees worldwide.
Sectors
- Specialty Food Ingredients
- Nutrition, Health, and Beauty
Geography
- Switzerland – Kaiseraugst in Switzerland is one of the dual headquarters of dsm-firmenich, and the country plays a pivotal role in its global operations.
- Netherlands – Maastricht in the Netherlands is the other location of dsm-firmenich's dual headquarters, emphasizing its European operational base.
Industry
- Specialty Food Ingredients – Andre Pectin is a leading producer of specialty food ingredients, which is the core focus of the article as dsm-firmenich increases its stake in the company.
- Nutrition, Health, and Beauty – dsm-firmenich operates in the nutrition, health, and beauty sectors, leveraging its expertise to expand its business and investments as highlighted in the acquisition.
Financials
- Not Disclosed – Details of the financial terms of the shareholding transaction have not been disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| dsm-firmenich | Bidding Company | Company | A global innovator in nutrition, health, and beauty, expanding its shareholding in Andre Pectin. |
| Andre Pectin | Target Company | Company | A leading producer of specialty food ingredients, subject to increased shareholding by dsm-firmenich. |
| Rich Spring Holdings Limited | Other Company | Company | Holds the remaining 9.5% of shares in Andre Pectin after dsm-firmenich's acquisition. |