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DSM-Firmenich

From Wikipedia, the free encyclopedia
Dutch multinational chemical company

DSM-Firmenich AG
dsm-firmenich
ISINCH1216478797
IndustryChemicals
Predecessors
Founded9 May 2023; 2 years ago (2023-05-09)
Headquarters
ProductsNutritional ingredients, specialty food ingredients, UV filters,fragrances,flavorings,enzymes,human milk oligosaccharide
Revenue€12.799 billion (2024)
€2.118 billion (2024)
Total assets€33.7 billion (2024)
Total equity€22.5 billion (2024)
Number of employees
~ 30,000
Websitedsm-firmenich.com
Footnotes / references
[1]

DSM-Firmenich AG is aSwiss-Dutch chemical company. It was formed on 9 May 2023[2] through the merger ofRoyal DSM and the Swiss companyFirmenich. The company is listed onEuronext Amsterdam and is a constituent of theAEX index.

History

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The announcement of the merger betweenDSM andFirmenich was first made in 2022[3] with a goal of establishing a leading nutrition and personal care ingredients company. The merger was considered by both organizations to be a "merger of equals"[4]. The merger was completed on 9 May 2023[2].

On 30 May 2024, a new headquarters in Maastricht was officially opened byQueen Máxima of the Netherlands.[5]

On 11 February 2025, Novonesis reached an agreement with the company to acquire its shares in the Feed Enzyme Alliance for €1.5 billion.[6] The agreement would dissolve the Alliance and have Novonesis take over all sales and distribution activities.

Activities

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The company has over 300 locations in more than sixty countries.[1]

Corporate activities are divided into four business units[1]: Perfumery & Beauty; Health, Nutrition, and Care; Taste, Texture & Health; and Animal Nutrition and Health.

See also

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References

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  1. ^abc"dsm-firmenich Integrated Annual Report 2024".dsm-firmenich Integrated Annual Report 2024. Retrieved5 February 2026.
  2. ^ab"Firmenich completes merger of equals with DSM".dsm-firmenich. Retrieved5 February 2026.
  3. ^Scott, Alex; Tullo, Alexander H. (21 January 2025)."DSM to merge with fragrance maker Firmenich".Chemical & Engineering News. Retrieved5 February 2026.
  4. ^"DSM Firmenich Merger Media Presentation"(PDF).DSM-Firmenich. 31 May 2022. Retrieved4 February 2026.
  5. ^"Koningin Maxima opent nieuw hoofdkantoor dsm-firmenich in Wyck".rtvmaastricht.nl. 30 May 2024.
  6. ^Jacobsen, Stine. Solsvik, Terje (ed.)."Novonesis to buy DSM-Firmenich's stake in enzymes venture for $1.6 bln".Reuters. Retrieved4 February 2026.
NetherlandsAEX companies of theNetherlands
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