Share trading in DSM-Firmenich has kicked off after the exchange offer for the companies’ merger was declared unconditional.
Ordinary shares began trading this week on Euronext Amsterdam ahead of completion of the merger slated for early May.
DSM-Firmenich consists of four businesses: Perfumery & Beauty; Health, Nutrition & Care; Food & Beverage/Taste & Beyond; and Animal Nutrition & Health.
"This is a momentous day, marking the final step before we can bring together one of the largest creation communities in the industry, unlocking new opportunities for customers, and positioning us to deliver enhanced long-term shareholder value, sustainably,” said DSM-Firmenich co-CEOs Geraldine Matchett and Dimitri de Vreeze.
“We appreciate the overwhelming support that we've received from our shareholders throughout this process, and now look forward with excitement to completing the merger. Together, we will establish the leading innovation partner in nutrition, health, and beauty,” they added.
DSM-Firmenich is co-headquartered in Switzerland (Kaiseraugst) and the Netherlands (Maastricht).
