Skip to main content

DSM-Firmenich merger done

DSM and Firmenich have completed their merger and will henceforth operate under the name of DSM-Firmenich. The new company will have about 30,000 employees and will operate in four divisions:

Perfumery & Beauty

* Taste, Texture & Health

* Health, Nutrition & Care

* Animal Nutrition & Health

Kao, Firmenich lead in carbon disclosure

Non-profit organisation CDP (formerly the Carbon Disclosure Project) has issued its rankings for 2022. These rate about 15,000 companies in multiple industries from about 18,700 who submitted data about their emissions on a scale from A to D- in three categories. In all, 283 received an A for Climate Change, 25 for Forests and 103 for Water Security.

DSM and Firmenich in mega-merger

DSM and Swiss-based flavours and fragrances house Firmenich have agreed to merge. The deal, which is expected to close in 1H 2023, is valued at about $19.6 billion. DSM-Firmenich would have about €11.4 billion/year in sales, comparable to IFF after its combination with DuPont’s Nutrition and Biosciences business early last year.

Lonza, Ecolab among ‘World's Most Ethical Companies’

Ethisphere has named Lonza and Ecolab among the 136 publicly traded companies in 45 industries in 22 countries in its ‘World’s Most Ethical Companies’ listing. These have outperformed a comparable index of large cap companies by 24.6 percentage points over the past five calendar years.

Lonza, which appeared for the second time was one of thee in the Pharmaceuticals category, along with Pfizer and Eli Lilly. The company said that the aware “acknowledges its successful efforts in combining performance with integrity and accountability”.

Ingredients buy for Firmenich

Geneva-based Firmenich, the world's largest privately owned flavours and fragrances house, has agreed to acquire pine chemicals supplier DRT from Ardian, Tikehau Capital and family shareholders on undisclosed terms.
Subscribe to firmenich