CVC to acquire Animal Nutrition & Health business of DSM-Firmenich for up to €2.7bn.

CVC, a private equity and investment advisory firm, agreed to acquire Animal Nutrition & Health business of DSM-Firmenich, an animal nutrition and health solutions provider, for up to €2.2bn. “We are delighted to partner with dsm-firmenich and the ANH team. This transaction represents a unique opportunity to create two new leading companies in the animal nutrition & health space. Both businesses offer significant potential for value creation. The Solutions Company will continue to drive innovation and efficiency in animal farming, delivering tailored solutions with high proximity to its global customer base. The Essential Products Company will be built as a resilient global leader in essential feed, food and fragrance ingredients, providing customers with reliable, high-quality supply based on an independent and highly integrated value chain. Both companies will work closely together to create maximum value for the customer,” Steven Buyse, CVC Managing Partner.