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Announced

Completed

DSM completed the acquisition of First Choice Ingredients for $453m.

Financials

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Transaction Value£328m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Food Products

United States

Private

Acquisition

Friendly

Majority

food ingredients

Cross Border

Single Bidder

Completed

Synopsis

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DSM, a global science-based company, completed the acquisition of First Choice Ingredients, a supplier of dairy-based savory flavorings, for $453m. "This is the right time in First Choice Ingredients’ journey to become part of a company such as DSM. The people of First Choice Ingredients will continue to deliver our legendary products and customer service with can-do attitude and relentless focus on product integrity and innovation. They are some of the most hard-working and loyal teammates ever assembled under one roof," Jim Pekar, First Choice Ingredients President.

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