The managers emphasize that this transaction completes the acquisitions to enhance the growth of its strategic plan. DSM announced that it has successfully completed the acquisition of Ocean Nutrition Canada. The transaction, which was announced on May 18, had a total value of EUR 540 million.
Feike Sijbesma, Chief Executive Officer and Chairman of the Board of Directors of DSM said that the completion of this transaction completes acquisitions to enhance the growth of its strategic plan.
“We continue to enhance our health, nutrition and materials portfolio to deliver shareholder value, with stronger, more stable growth and profitability. Following our successful acquisition of Martek in 2011, the acquisition of Ocean Nutrition Canada was the next logical step in the development of our dietary lipids business, for better growth of our Nutrition Group platform.”