DSM and Firmenich to merge in cash and shares deal

Dutch specialty chemicals maker DSM will merge with Swiss peer Firmenich in a cash and shares deal. DSM shareholders will own 65.5% of the new company, and Firmenich owners will receive EUR 3.5 billion in cash. The merger is expected to be finalized in the first half of 2023.

“Dutch specialty chemicals maker DSM on Tuesday said it would merge with Swiss peer Firmenich in a deal involving shares and cash, to become a leading supplier of food ingredients and beauty and well-being products.”cnbc.com

• 3 sources
• cnbc.comDutch DSM and Swiss Firmenich join forces in cash and shares dealReutersMay 31, 2022
• echemi.comThe transformation of the century-old chemical company ...Jun 2, 2022
• doi.orgDSM to merge with fragrance maker FirmenichAlex Scott, Alex TulloJun 6, 2022

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