# 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.

- Type: Acquisition
- Announced: 2020-03-06
- Where: France
- Status: announced
- Products: renewable ingredients from pine trees
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Ardian](https://endata.com/companies/4607.md) (investor)
- [Ardian](https://endata.com/companies/4607.md) (partner)
- [Firmenich](https://endata.com/companies/4786.md) (acquirer)
- [Tikehau Capital](https://endata.com/companies/5686.md) (investor)
- [Tikehau Capital](https://endata.com/companies/5686.md) (partner)
- [Les Dérivés Résiniques et Terpéniques](https://endata.com/companies/27672.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/firmenich-to-acquire-drt-from-ardian-301018875.html), 2020-03-06: "I am thrilled to bring DRT's unique capabilities for developing sustainable ingredients to Firmenich."
- [cosmeticsdesign-europe.com](https://www.cosmeticsdesign-europe.com/Article/2020/03/06/Firmenich-to-acquire-Les-Derives-Resiniques-et-Terpeniques-DRT/), 2020-03-06: "The acquisition of DRT would 'further strengthen' Firmenich's renewable and sustainable portfolio of perfumery and ingredients."
- [cen.acs.org](https://cen.acs.org/business/specialty-chemicals/Firmenich-buy-French-pine-chemical/98/i10), 2020-03-11: "Firmenich sees pine trees as a source of sustainable fragrance ingredients."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.