DSM to better serve Nutrition customers in Asia with acquisition of Unitech (NZ)
(Thomson Reuters ONE) -
Royal DSM, the global Life Sciences and Materials Sciences company, announces
today that it has acquired Unitech Industries Limited (Unitech), a New Zealand
based producer of nutritional products for both human and animal markets.
Financial details are not disclosed at this time. The acquisition, which fully
meets DSM's financial and strategic requirements, has closed. With the
acquisition of Unitech, DSM has production facilities in over 40 countries in
its Nutrition business.
Unitech, based in Auckland (New Zealand), was founded in 1970 and focuses
primarily on the manufacture and sale of micronutrient premixes and
macronutrient blends for the rapidly growing Asian Human Nutrition & Health
markets. Unitech is also active in the Animal Nutrition & Health markets
including premixes for pet food. Unitech realizes annual net sales of around NZD
50 million (~?30 million) with about 100 employees.
This acquisition fits in the strategy for DSM's Nutrition cluster as Unitech
adds to DSM's already strong geographic footprint and value chain presence.
Unitech is the leading producer of food ingredient premixes in Oceania,
leveraging the strategic location of New Zealand for the supply of high quality,
dairy containing products across Asia. Unitech holds also a strong position in
the third-party manufacture of macronutrient blends.
With its track record of technical service and high quality production, Unitech
has a robust and loyal customer network including multinational brand names and
large regional clients. DSM will enhance this value proposition with its broad
portfolio of micronutrients, science-based expertise, and customer relationships
with multinational and regional infant nutrition and food customers. Unitech's
solution provider model will furthermore increase customer intimacy and loyalty.
Rick Greubel, President DSM Nutritional Products Human Nutrition & Health, said:
"The acquisition of Unitech helps us to expand our value chain presence,
geographical reach and customer base. As a leader in food ingredient premixes
and blends, Unitech will allow us to deliver more value to our multinational,
Oceania and Asia based customers."
DSM - Bright Science. Brighter Living.(TM)
Royal DSM is a global science-based company active in health, nutrition and
materials. By connecting its unique competences in Life Sciences and Materials
Sciences DSM is driving economic prosperity, environmental progress and social
advances to create sustainable value for all stakeholders. DSM delivers
innovative solutions that nourish, protect and improve performance in global
markets such as food and dietary supplements, personal care, feed,
pharmaceuticals, medical devices, automotive, paints, electrical and
electronics, life protection, alternative energy and bio-based materials. DSM's
23,500 employees deliver annual net sales of around ?9 billion. The company is
listed on NYSE Euronext. More information can be found at www.dsm.com.
Or find us on:
For more information:
DSM Corporate Communications DSM Investor Relations
Herman Betten Dave Huizing
tel. +31 (0) 45 5782017 tel. +31 (0) 45 5782864
e-mail media.relations(at)dsm.com e-mail investor.relations(at)dsm.com
Press release-pdf:
http://hugin.info/130663/R/1712783/568552.pdf
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Source: DSM N.V. via Thomson Reuters ONE
[HUG#1712783]
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Datum: 01.07.2013 - 08:15 Uhr
Sprache: Deutsch
News-ID 274631
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