GLOBAL life sciences and materials sciences company, Royal DSM said it would acquire Hong Kong-based Aland (HK) Holding Limited, a manufacturer of vitamin C in mainland China. The acquisition will add to DSM’s existing vitamin C production in Dalry, Scotland, and expand its position in this nutrition and health segment.
Established in 1990, Aland has 1,850 employees at its facility in Jingjiang, Jiangsu province. Its net sales amounted to US$90 million in 2013. The transaction excludes Aland's consumer health activities. DSM plans to invest in Aland's production facilities for operational excellence including quality and environmental performance.
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