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People & Business :: Companies

DSM Boosts Biofuel Offer with Acquisition of Yeast Business

3:27 AM MDT | June 28, 2011 | Alex Scott

DSM says it has agreed to acquire yeast development firm C5 Yeast Company (Bergen op Zoom, The Netherlands) from foodstuffs producer Royal Cosun (Breda, The Netherlands) for an undisclosed fee. Completion of the transaction is subject to customary approvals and notifications, DSM says.   DSM says the acquisition strengthens its yeast technology business for producing second generation biofuels. The company will combine C5 technology with its own yeast and enzyme technologies for generating second generation biofuels.   DSM currently is the only company...

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