DSM and Firmenich have completed their merger, resulting in the creation of DSM-Firmenich, a new company that combines the strengths of both firms. The merger will allow the company to offer a more extensive range of products and services to its customers in four distinct business units.
Business Units of DSM-Firmenich
The four business units of DSM-Firmenich are as follows:
Animal Nutrition & Health: This unit will focus on delivering healthy animal proteins efficiently and sustainably. The unit will leverage the power of data to make animal farming practices more sustainable, productive, and transparent.
Health, Nutrition & Care: This unit will provide people with a way to look after their health by adding critical nutrients to their diet. It will also focus on developing innovative solutions that improve the quality of life of consumers.
Taste, Texture & Health: This unit will help customers create food and beverage products that are delicious, nutritious, affordable, and sustainable. It will leverage the combined expertise of DSM and Firmenich to provide customers with unique solutions.
Perfumery & Beauty: This unit will focus on creating fragrances using the best and largest palette of natural, synthetic, and biotech ingredients. It will help customers develop products that meet the growing demand for natural and sustainable ingredients.
Brand of DSM-Firmenich
The new DSM-Firmenich brand symbolizes the merger of two iconic organizations as a merger of equals. The brand reflects the company’s purpose and values and is the expression of a shared identity. The brand represents the company’s mission to combine what is essential for life, desirable for consumers, and more sustainable for the planet. The purpose of DSM-Firmenich is to bring progress to life, together with customers and partners, to achieve positive change and make a difference in the world.
Leadership of DSM-Firmenich
Dimitri de Vreeze will be the CEO of DSM-Firmenich, and Ralf Schmeitz will become the chief financial officer and join the executive board effective September 1. Geraldine Matchett has decided to leave the company. The dual leadership that has served DSM so well during a period of significant change is no longer needed for DSM-Firmenich going forward.
The Future of DSM-Firmenich
DSM-Firmenich will be able to leverage the strengths of both companies to provide innovative solutions that meet the evolving needs of customers. The company will also focus on sustainability and social responsibility to make a positive impact on the world. With the merger now complete, DSM-Firmenich is poised to be a leader in the chemical industry, delivering innovative solutions to customers around the world.