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Royal DSM completed the acquisition of an additional 46% stake in Andre Pectin for €150m.

Synopsis

Royal DSM, a global science-based company, completed the acquisition of an additional 46% stake in Andre Pectin, a specialty food ingredient producer, for €150m. This will increase DSM’s total shareholding in the company to 75%. "DSM has a strong hydrocolloid product portfolio with gellum gum, xanthan gum, wellan gum and pectin-based solutions, which DSM offers to the food, beverage and personal care markets," DSM.

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