Thursday, May 23, 2024

DSM completes its acquisition of Biomin and Romer Labs

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OVERLAND PARK, Kan. — Royal DSM, a global science-based company in nutrition, health and sustainable living, has announced the completion of its acquisition of Erber Group’s Biomin and Romer Labs for an enterprise value of €980 million (approximately $1.1 billion).

The transaction, first announced on June 12, 2020, forecasted enhanced earnings in the first year upon completion, the company said.

Biomin, a specialty animal nutrition and health business, specializes primarily in mycotoxin risk management and gut health performance. The acquisition of Biomin further strengthens DSM’s expertise and reputation as a leading provider of animal health and nutrition. . .

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