Cargill Sells Cultures/Enzymes Business To Royal DSM

Dutch material sciences company Royal DSM announced it will acquire Cargill’s cultures and enzymes business in an all cash transaction. The €85 million ($110 million) deal is expected to close in the next couple of months. Cargill’s cultures and enzymes business generates net sales of about €45 million ($58 million) a year with approximately 200 employees. Its products are based on three key technologies: culture textures, fast acidification for cheese yield improvements, and culture flavor systems. The market for cultures and enzymes is valued at more than €1 billion ($1.3 billion), and is growing at five percent annually.