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Biotech acquisition

This article was originally published in The Tan Sheet

Executive Summary

The Netherlands-based DSM Food Specialties, which develops ingredients for the food and beverage industries, strengthens its global position in food enzymes with the acquisition of U.S. biotechnology company Valley Research. Terms of the deal were not disclosed, but the acquisition has been finalized, DSM announces July 11. While strengthening its product portfolio, the deal also allows DSM to "offer regional blending and solution-providing platforms to customers," according to the firm. DSM provides enzymes and other ingredients and to food and beverage firms worldwide...

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