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Cargill Sells Cultures/Enzymes Business To Royal DSM

October 26, 2012: 12:00 AM EST
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.
"DSM to acquire Cargill’s cultures and enzymes business", Press release, DSM, October 26, 2012, © DSM
Cultures, enzymes, yeast
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United States of America
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