# Firmenich completes acquisition of Les Derives Resiniques Et Terpeniques for €1.7 billion

Firmenich Productions Participations SAS completed the acquisition of Les Derives Resiniques Et Terpeniques SA (DRT) from Ardian, Tikehau Capital, and founding families for €1.7 billion. DRT had revenues of approximately €540 million in 2019.

- Type: Acquisition
- Announced: 2020-05-27
- Where: Dax, France, France
- Value: $1.93B (1.70B EUR)
- Status: completed
- Products: resins and terpenes
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Ardian](https://endata.com/companies/4607.md) (partner)
- [Firmenich](https://endata.com/companies/4786.md) (acquirer)
- [Tikehau Capital](https://endata.com/companies/5686.md) (partner)
- [DRT Holdings](https://endata.com/companies/11446.md) (target)
- [Les Dérivés Résiniques et Terpéniques](https://endata.com/companies/27672.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/TIKEHAU-CAPITAL-34204863/news/Firmenich-Productions-Participations-SAS-completed-the-acquisition-of-Les-Derives-Resiniques-Et-Terp-33852502/), 2020-05-27: "Firmenich Productions Participations SAS completed the acquisition of Les Derives Resiniques Et Terpeniques SA from Ardian, Tikehau Capital and members of the founding families."
- [prnewswire.com](https://www.prnewswire.com/news-releases/firmenich-successfully-completes-acquisition-of-drt-301067058.html), 2020-05-28: "We are delighted to have closed this acquisition which will give us a significant competitive advantage moving forward."
- [prnewswire.com](https://www.prnewswire.com/in/news-releases/firmenich-successfully-completes-acquisition-of-drt-852214483.html), 2020-05-28: "We are delighted to have closed this acquisition which will give us a significant competitive advantage moving forward."

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