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DSM in negotiations to buy Chinese vitamin C manufacturer

By Shane Starling , 09-Apr-2014

DSM in negotiations to buy Chinese vitamin C manufacturer

DSM has ended speculation about acquiring Chinese vitamin C supplier Aland by acknowledging it is in talks with the firm, but asserts no deal has been signed.

DSM said the deal for 24-year-old Jiangsu-based Aland Nutraceutical Holding , if completed, would represent a, relatively small acquisition” that would, “add to its position in vitamin C, the world's largest vitamin measured by volume.”

Aland sold €65m worth of vitamin C in 2013.

Currently DSM manufactures all of its vitamin C at its facility in Dalry, Scotland. It is used mainly in food, supplements, cosmetics and feed.

Aland’s other offerings include multivitamins, glucosamine, minerals and herbal extracts.

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