Acquisitions and divestments
DSM’s acquisition ambition is to go to the next level: from portfolio transformation to driving focused growth. The following acquisition criteria will apply:
- A key strategic requirement is that the business or partner should add or increase a leadership position and should add value to DSM in terms of technological and/or market competencies.
- DSM will look for opportunities to strengthen competencies and market positions in the other three strategic growth drivers: expansion in High Growth Economies, innovation potential and sustainability.
- As DSM is fully committed to maintaining its single A credit rating, the key financial criterion is that any acquisition should be cash EPS accretive from the beginning and should be supportive to all other financial targets.