SHARE

Dsm-firmenich agrees sale of animal health unit for $2.6bn, below forecasts

The chemicals and nutrition group will sell its animal health business to CVC Capital for $2.6bn, retaining a 20% stake. The deal, below analyst expectations, marks the final step in its focus on nutrition, health and beauty.

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.