DSM completes sale of Resins & Functional Materials businesses
Sale to Covestro agreed in September 2020 for an equity value of €1.6 billion has finalized today.
01 Apr 2021
Royal DSM is a global purpose-led, science-based company in Nutrition, Health and Sustainable Living. DSM’s purpose is to create brighter lives for all. With its products and solutions DSM addresses some of the world’s biggest challenges whilst creating simultaneously economic, environmental and societal value for all its stakeholders; customers, employees, shareholders, and society-at-large. DSM delivers innovative solutions for human nutrition, animal nutrition, personal care and aroma, medical devices, green products and applications, and new mobility and connectivity. DSM and its associated companies deliver annual net sales of about €10 billion with approximately 23,000 employees. The company was founded in 1902 and is listed on Euronext Amsterdam.
Sale to Covestro agreed in September 2020 for an equity value of €1.6 billion has finalized today.
01 Apr 2021
DSM acquires business consisting of 7 bio-based intermediate products to add to existing Aroma Ingredients portfolio.
31 Mar 2021
DSM will repurchase 800,000 ordinary shares to cover commitments for the final stock dividend 2020.
16 Mar 2021
Geraldine Matchett is Co-Chief Executive Officer, Chief Financial Officer and Member of the Managing Board. She was appointed as Co-CEO on 15 February 2020 and joined DSM’s Managing Board in 2014. Her current term will end in 2022.
Dimitri de Vreeze is Co-Chief Executive Officer, Chief Operating Officer and Member of the Managing Board. He was appointed as Co-CEO on 15 February 2020 and joined DSM’s Managing Board in 2013. His current term will end in 2021.
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