Announced
Financials
Sources
Tags
Pending
Acquisition
Private
Norway
Friendly
Food Products
Majority
Single Bidder
food ingredients
Cross Border
Synopsis
Royal DSM, a purpose-led science-based company, agreed to acquire Vestkorn Milling, a producer of pea- and bean-derived ingredients for plant-based protein products, for $74m. “We very much look forward to welcoming Vestkorn Milling and their team to DSM. Increasingly, food and beverage producers around the world are looking to partners who can offer an integrated portfolio of ingredients, expertise, and solutions to help them differentiate and get to market fast. This is especially important in the highly dynamic meat alternatives space, where consumer and societal expectations around authentic taste, texture, and nutritional profile, as well as climate impact, are becoming more and more sophisticated," Patrick Niels, DSM Executive Vice President of Food & Beverage Division.
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