DSM B.V.
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Publicatie datum
08 aug 2012 - 07:25
Statutaire naam
DSM B.V.
Titel
DSM to acquire Tortuga to strengthen animal nutrition business
Bericht
DSM (NYSE Euronext: DSM KON) to acquire Tortuga for total enterprise value of about €465 million in cash
Tortuga expected 2012 net sales: about €385 million, with EBITDA of about €60 million
Tortuga is the leader in nutritional supplements for ruminant/beef cattle market in Brazil
Acquisition will strengthen DSM's presence in the significant and highly attractive animal nutrition market in Latin America
Tortuga offers excellent revenue synergies for DSM to supply existing vitamins and other products via Tortuga
Acquisition extends DSM's current nutritional ingredients range to include organic trace mineral additives with excellent fit into DSM's animal nutrition portfolio for further global expansion
Acquisition consistent with DSM's strategic focus on High Growth Economies
Value creating acquisition; immediately EPS accretive
Datum laatste update: 30 juli 2025