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DSM to acquire Twilmij B.V.

Source:Ringier Food Release Date:2017-09-22 261
Food & Beverage
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The company aims to advance its position in animal nutrition & health; develop customized solutions  

DSM will offer tailor-made solutions to its customers, leveraging its product portfolio and innovation capabilities. By acquiring Twilmij B.V., the company will strengthen its foothold particularly in the Northwest-European markets, and allow it to upgrade services.

 

 

Since its inception in 1963, Twilmij’s business achieved net sales of €70 million (50,000 tons of premix production) in 2016. The company is recognized by its customers and other stakeholders as an outstanding partner due to its excellent nutritional services, speed, and agility.

 

The acquisition also includes Twilmij's affiliated company Kwalipak B.V. which offers specialty small-pack solutions for specific applications for the feed industry. Twilmij's core values, customer portfolio and solutions are a perfect fit with DSM's ambitions in the animal nutrition & health market. Financial details will not be disclosed at this time. Subject to customary conditions, the transaction is expected to close in the next two to three months.

 

 

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