DSM to sell Personalized Nutrition to Viocare
(Thomson Reuters ONE) -
Royal DSM, the global Life Sciences and Materials Sciences company, today
announces that it has sold DSM Personalized Nutrition, LLC to Viocare, Inc.
(Princeton, New Jersey, United States). DSM will remain involved in the business
as a minority shareholder in Viocare through DSM Venturing. Financial details of
the transaction will not be disclosed.
Personalized Nutrition was an Emerging Business Area in the Innovation Center.
As announced in September 2010, the focus was moved to other EBA's and
Personalized Nutrition activities were to be partnered, exited or transferred to
other parts of DSM. DSM Personalized Nutrition's corporate wellness business
will become part of Viocare's operations, and a representative of DSM Venturing
will join Viocare's Board of Directors.
Rob van Leen, Chief Innovation Officer of DSM, commented: "Our investment in
Viocare in conjunction with the divestment of our corporate wellness business
allows Viocare to further expand and mature this business, while concurrently
enabling Viocare to continue to advance its leadership position as a supplier of
scientifically validated software tools for the nutrition and wellness
community."
Rick Weiss, Founder and President of Viocare, said: "This investment further
validates our vision that by deploying technology solutions that personalize
diet and fitness recommendations based upon the latest scientifically validated
advancements in nutrition and behaviour change we can make a real difference in
the long term health and wellness of the global population."
About Viocare
Viocare, Inc. is a privately-held company dedicated to improving global
wellness. Working for 15+ years with leading institutions and leveraging more
than $10M in National Institutes of Health funded research, Viocare brings the
benefits of cutting edge knowledge in the nutrition, physical activity and
behavior change disciplines to the development of breakthrough technology
solutions that serve the wellness industry. Viocare provides wellness and
nutrition-based technology platforms for corporate, community and health care
provided wellness programs.
DSM - Bright Science. Brighter Living.(TM)
Royal DSM N.V. 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
22,000 employees deliver annual net sales of about ? 9 billion. The company is
listed on NYSE Euronext. More information can be found at www.dsm.com
For more information:
DSM Corporate Communications DSM Investor Relations
Herman Betten Hans Vossen
tel. +31 (0) 45 5782017 tel. +31 (0) 45 5782864
fax +31 (0) 45 5740680 fax +31 (0) 10 4590275
e-mail media.relations(at)dsm.com e-mail investor.relations(at)dsm.com
press release-pdf:
http://hugin.info/130663/R/1545964/474191.pdf
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Source: DSM N.V. via Thomson Reuters ONE
[HUG#1545964]
Unternehmensinformation / Kurzprofil:
Datum: 13.09.2011 - 08:15 Uhr
Sprache: Deutsch
News-ID 64346
Anzahl Zeichen: 4342
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