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DSM in Discussions to Acquire Cargill Enzymes

7:16 AM MDT | September 21, 2012

DSM says that it is in exclusive discussions to acquire Cargill’s cultures and enzymes business, a leading supplier to the dairy and meat industries with manufacturing operations in Wisconsin and France. It generates annual sales of about €45 million ($58 million), and employs about 200 people, DSM says. The global market for cultures and enzymes is valued at over €1 billion, and is growing steadily, at more than 5%/year, DSM says. A combination of Cargill’s cultures and enzymes business with the dairy business of DSM Food Specialties would be highly...

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