Dutch-headquartered company Royal DSM has signed an agreement to acquire First Choice Ingredients, a supplier of dairy-based concentrates and savory flavorings for an enterprise value of $453m.
Multiple issues in the omega-3 sector, a ‘saturated’ US food supplements market, a widespread consumer move to private label plus a strengthening euro have all impacted Dutch-Swiss ingredient giant DSM’s nutrition division in 2013, but it still delivered...
