Firmenich to acquire DRT from Ardian

Firmenich announced it has entered into exclusivity to acquire Les Dérivés Résiniques et Terpéniques (DRT), a world leader in plant-based chemistry, from Ardian, Tikehau Capital and family shareholders.

“I am thrilled to bring DRT's unique capabilities for developing sustainable ingredients to Firmenich.”prnewswire.com

• 3 sources
• prnewswire.comFirmenich to Acquire DRT From ArdianFirmenichMar 6, 2020
• cosmeticsdesign-europe.comFirmenich to acquire Les Dérives Résiniques et Terpéniques (DRT)Kacey CullineyMar 6, 2020
• cen.acs.orgFirmenich to buy French pine chemical firmMelody M. BomgardnerMar 11, 2020

Summarized from public sources; check the original articles before acting on it.