Novonesis to acquire dsm-firmenich’s share of the Feed Enzyme Alliance
February 10 2025 - 11:56PM
UK Regulatory
Novonesis to acquire dsm-firmenich’s share of the Feed Enzyme
Alliance
Novonesis has reached an agreement with dsm-firmenich to
dissolve the Feed Enzyme Alliance and take over its sales and
distribution activities, in exchange for a total cash consideration
of EUR 1.5 billion. After more than 25 years of successful
collaboration, a strategic repositioning at dsm-firmenich
allowed this opportunity to materialize. This acquisition is
aligned with Novonesis’ growth strategy and expands its
presence across the animal biosolutions value chain. Financially,
this transaction is accretive to revenue growth, adjusted
EBITDA margin and adjusted EPS excl. amortization, with attractive
revenue synergies.
Please refer to attachment for more details.
- 2025_02_Company_Announcement_Acquisition
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