DSM-Firmenich

DSM-Firmenich AG
dsm-firmenich
ISINCH1216478797
IndustryChemicals
Predecessors
Founded9 May 2023 (2023-05-09)
Headquarters
ProductsNutritional ingredients, specialty food ingredients, UV filters, fragrances, flavourings, enzymes, human milk oligosaccharide
Revenue€12.799 billion (2024)
€2.118 billion (2024)
Total assets€33.7 billion (2024)
Total equity€22.5 billion (2024)
Number of employees
~ 30,000
Websitedsm-firmenich.com
Footnotes
[1]

DSM-Firmenich AG (stylised as dsm-firmenich) is a Swiss-Dutch multinational chemical company. It was formed on 9 May 2023[2] through the merger of the Dutch Royal DSM and the Swiss company Firmenich. The company is listed on Euronext Amsterdam and is a constituent of the AEX index.

History

The announcement of the merger between DSM and Firmenich was first made in 2022[3] with a goal of establishing a leading nutrition and personal care ingredients company. The merger was considered by both organisations to be a "merger of equals".[4] The merger was completed on 9 May 2023.[2]

On 30 May 2024, a new headquarters in Maastricht was officially opened by Queen Máxima of the Netherlands.[5]

On 11 February 2025, Novonesis reached an agreement with the company to acquire its shares in the Feed Enzyme Alliance for €1.5 billion.[6] The agreement would dissolve the Alliance and have Novonesis take over all sales and distribution activities.

Activities

The company has over 300 locations in more than sixty countries.[1]

Corporate activities are divided into three business units:[1] Perfumery & Beauty; Health, Nutrition, and Care; and Taste, Texture & Health.

See also

References

  1. 1 2 3 "dsm-firmenich Integrated Annual Report 2024". dsm-firmenich Integrated Annual Report 2024. Retrieved 5 February 2026.
  2. 1 2 "Firmenich completes merger of equals with DSM". dsm-firmenich. Retrieved 5 February 2026.
  3. ↑ Scott, Alex; Tullo, Alexander H. (21 January 2025). "DSM to merge with fragrance maker Firmenich". Chemical & Engineering News. Retrieved 5 February 2026.
  4. ↑ "DSM Firmenich Merger Media Presentation" (PDF). DSM-Firmenich. 31 May 2022. Retrieved 4 February 2026.
  5. ↑ "Koningin Maxima opent nieuw hoofdkantoor dsm-firmenich in Wyck". rtvmaastricht.nl. 30 May 2024.
  6. ↑ Jacobsen, Stine. Solsvik, Terje (ed.). "Novonesis to buy DSM-Firmenich's stake in enzymes venture for $1.6 bln". Reuters. Retrieved 4 February 2026.
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