Koninklijke DSM NV Completes Acquisition Of Tortuga Companhia Zootecnica Agraria


Monday, 8 Apr 2013 02:37am EDT 

Koninklijke DSM NV announced that it has completed the acquisition of Tortuga Companhia Zootecnica Agraria (Tortuga), a nutritional supplements company with a focus on pasture raised beef and dairy cattle for a total enterprise value of about EUR440 million (BRL1,160 million). The acquisition was announced on August 8, 2012. Tortuga is headquartered in Sao Paulo, Brazil with approximately 1,200 employees. Full scale integration will now begin. A dedicated integration team consisting of both DSM and Tortuga representatives will work diligently to assess the way to execute the integration while focusing on future synergy generation. 

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