http://at.marketwire.com/accesstracking/AccessTrackingLogServlet?PrId=1031152&ProfileId=051205&sourceType=1HEERLEN, THE NETHERLANDS -- (Marketwired) -- 07/01/13 -- Royal DSM, the global Life
Sciences and Materials Sciences company, announces
today that it has acquired Unitech Industries Limited (Unitech), a New
Zealand
based producer of nutritional products for both human and animal markets.
Financial details are not disclosed at this time. The acquisition, which
fully
meets DSM's financial and strategic requirements, has closed. With the
acquisition of Unitech, DSM has production facilities in over 40 countries
in
its Nutrition business.
Unitech, based in Auckland (New Zealand), was founded in 1970 and focuses
primarily on the manufacture and sale of micronutrient premixes and
macronutrient blends for the rapidly growing Asian Human Nutrition & Health
markets. Unitech is also active in the Animal Nutrition & Health markets
including premixes for pet food. Unitech realizes annual net sales of
around NZD
50 million (~EUR30 million) with about 100 employees.
This acquisition fits in the strategy for DSM's Nutrition cluster as
Unitech
adds to DSM's already strong geographic footprint and value chain presence.
Unitech is the leading producer of food ingredient premixes in Oceania,
leveraging the strategic location of New Zealand for the supply of high
quality,
dairy containing products across Asia. Unitech holds also a strong position
in
the third-party manufacture of macronutrient blends.
With its track record of technical service and high quality production,
Unitech
has a robust and loyal customer network including multinational brand names
and
large regional clients. DSM will enhance this value proposition with its
broad
portfolio of micronutrients, science-based expertise, and customer
relationships
with multinational and regional infant nutrition and food customers.
Unitech's
solution provider model will furthermore increase customer intimacy and
loyalty.
Rick Greubel, President DSM Nutritional Products Human Nutrition & Health,
said:
"The acquisition of Unitech helps us to expand our value chain presence,
geographical reach and customer base. As a leader in food ingredient
premixes
and blends, Unitech will allow us to deliver more value to our
multinational,
Oceania and Asia based customers."
DSM - Bright Science. Brighter Living.
Royal DSM 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
23,500 employees deliver annual net sales of around EUR9 billion. The
company is
listed on NYSE Euronext. More information can be found at www.dsm.com.
Press release-pdf:
http://hugin.info/130663/R/1712783/568552.pdf
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Source: DSM N.V. via Thomson Reuters ONE
[HUG#1712783]
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