DSM: Acquisition strengthens enzyme activities

Rotterdam / NL. (dsm) Royal DSM N.V., the global Life Sciences and Materials Sciences company headquartered in the Netherlands, announces the acquisition of the business and substantially all of the assets of Valley Research Inc. of South Bend Indiana, United States. Through this acquisition, DSM further reinforces its leading global position in food enzymes, the company says in its statement. The acquisition has been finalized. Terms of the acquisition will not be disclosed now, as agreed between the parties. Valley Research Inc., a privately held biotechnology company founded in 1984, offers a broad range of enzymes, supported by technical laboratories and excellent production facilities. Its products are used in dietary supplements, dairy, juices and wines. DSM Valley Research, Inc. will become part of DSM Food Specialties, a global leader in ingredient solutions for the food and beverage industries. The market for bio-ingredients, including food enzymes, has shown continuous volume growth in recent years, driven by a growing demand for healthy nutrition such as low-salt and low-fat foods, food safety, convenience and the need for natural ingredients. The acquisition of Valley Research enables DSM Food Specialties to strengthen its product portfolio, while at the same time the company can now offer regional blending and solution providing platforms to customers (press release).