HEERLEN, Netherlands, March 18, 2019 /PRNewswire/ --
Royal DSM, a global science-based company in Nutrition, Health and Sustainable Living, informs its stakeholders that it has completed the increase of its shareholding in Yantai Andre Pectin Co. Ltd. (Andre Pectin) to 75%. The increase was first announced on 4 February 2019. Andre Pectin is a leading specialty food ingredient producer.
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The remaining 25% of the shares in Andre Pectin continues to be held by the Shandong Andre Group Co., Ltd, that supplies raw materials and utilities. More information regarding the transaction and Andre Pectin can be found in the press release [https://www.dsm.com/corporate/media/informationcenter-news/2019/02/03-19-dsm-announces-agreement-to-increase-its-shareholding-in-andre-pectin-from-29-to-75-percent.html ] that was issued on 4 February 2019.E
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Royal DSM is a purpose-led global science-based company in Nutrition, Health and Sustainable Living. DSM is driving economic prosperity, environmental progress and social advances to create sustainable value for all stakeholders. DSM delivers innovative business solutions for human nutrition, animal nutrition, personal care and aroma, medical devices, green products and applications, and new mobility and connectivity. DSM and its associated companies deliver annual net sales of about EUR10 billion with approximately 23,000 employees. The company is listed on Euronext Amsterdam. More information can be found at http://www.dsm.com.
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