DMS-Firmenich slated to become a leading creation and innovation partner in nutrition, beauty and well-being.
DSM, Heerlen, Netherlands, and Firmenich, Geneva, Switzerland, announced that they have entered into a business combination agreement, the "BCA," to establish the leading creation and innovation partner in nutrition, beauty and well-being — "DSM-Firmenich." The combination will bring together Firmenich's unique leading Perfumery and Taste businesses, its world-class science platforms and associated co-creation capabilities with DSM's outstanding Health and Nutrition portfolio and renowned scientific expertise. The new company will have four high-performing and complementary businesses, each with leading positions and underpinned by world-class science.
DSM-Firmenich will benefit from complementary capabilities across fragrance, taste, texture and nutrition, fueled by world-class science. The company notes that it will have unparalleled proprietary capabilities to partner with customers to fulfill their ambitions. The combined companies will be able to better anticipate and to address the needs of today's conscious consumers who prioritize sustainability, health and well-being, they add.