Koninklijke DSM NV Completes Fortitech Inc Acquisition

Tuesday, 18 Dec 2012 07:00pm EST 

Koninklijke DSM NV announced that it has completed the acquisition of Fortitech Inc (Fortitech). The transaction, for a total enterprise value of USD 634 million (about EUR 495 million) strengthens the Human Nutrition and Health business, by expanding the Company‚Äôs value chain presence and adding additional capabilities. As a result of the acquisition, announced on November 8, 2012, approximately 520 employees are joining the Company.