The acquisition has been finalized. Parties agreed not to disclose financial
details of the acquisition. The impact of the acquisition on DSM's net sales
in 2009 and 2010 is not expected to be material.
Founded in 1992, Biopract's main focus has been on the commercialization and
extension of their Methaplus(TM) enzyme series for the improvement of
agricultural and industrial biogas production. The company has a strong
application and technology position in this field.
Rob van Leen, Chief Innovation Officer of DSM said: "We are convinced that
biotechnology will contribute significantly to the sustainable and efficient
use of natural resources today and in the future. We look forward to combining
Biopract's expertise with ours to further increase the efficiency and
performance of biogas plants."
Biogas is produced by anaerobic fermentation of biodegradable materials such
as biomass, manure or sewage, green waste and energy crops. It can be used to
generate electricity and as a low-cost fuel for any heating purpose. Biogas
can also be upgraded to natural gas quality.
Driven by climate change and alternative energy initiatives, the market for
production and optimization of biogas-related processes will become
significant in the coming years. The acquisition of Biopract will accelerate
DSM's growth in this market.
Biopract's activities will be integrated into DSM's biogas service concept for
optimizing the biotechnology of biogas plants. Based on a thorough analysis of
the production process, DSM offers agricultural and industrial biogas plants
tailor-made advice and a product mix to improve the biotechnology process and
to increase the performance of the plant.
DSM - the Life Sciences and Materials Sciences Company
Royal DSM N.V. creates innovative products and services in Life Sciences and
Materials Sciences that contribute to the quality of life. DSM's products and
services are used globally in a wide range of markets and applications,
supporting a healthier, more sustainable and more enjoyable way of life. End
markets include human and animal nutrition and health, personal care,
pharmaceuticals, automotive, coatings and paint, electrical and electronics,
life protection and housing. DSM has annual net sales of EUR 9.3 billion and
employs some 23,500 people worldwide. The company is headquartered in the
Netherlands, with locations on five continents. DSM is listed on Euronext
Amsterdam. More information: www.dsm.com
For more information:
DSM Corporate Communications
Herman Betten
tel. +31 (0) 45 5782017
fax +31 (0) 45 5740680
e-mail media.relations@dsm.com
DSM Investor Relations
Hans Vossen
tel. +31 (0) 45 5782864
fax +31 (0) 45 5782595
e-mail investor.relations@dsm.com
Press release-pdf
Forward-looking statements
This press release contains forward-looking statements. These statements are
based on current expectations, estimates and projections of DSM and
information currently available to the company. The statements involve certain
risks and uncertainties that are difficult to predict and therefore DSM does
not guarantee that its expectations will be realized. Furthermore, DSM has no
obligation to update the statements contained in this press release.
The English language version of the press release is leading.