Heerlen, NL, 16 Dec 2010 18:15 CET
Royal DSM N.V., the global Life Sciences and Materials Sciences company headquartered in the Netherlands, today announces that it has completed the sale of DSM Special Products B.V. to Emerald Performance Materials (owned by an affiliate of Sun Capital Partners), as announced on 3 August 2010.
DSM Special Products is the producer of amongst others Purox® B and Purox S, ingredients used in food and feed products as well as in a range of industrial applications. It also produces VevoVitall®, a product for the animal health market that will continue to be sold by DSM Nutritional Products. DSM Special Products employs around 125 people in Rotterdam and Sittard (Netherlands), and has an annual turnover of approximately €125 million. At closing all employees transfer to the new owner. DSM expects a small book profit as a result of the transaction, which will be recognized in Q4 2010.