date:Oct 09, 2013
Royal DSM, the global Life Sciences and Materials Sciences company, announced today that it has completed the acquisition of a 19% equity interest in Yantai Andre Pectin Co. Ltd. (Andre Pectin), a China based producer of texturing ingredients. DSM announced this acquisition on 5 May 2013.
DSM had previously acquired a 10% stake in Andre Pectin from Hony Capital. DSMs total interest in Andre Pectin is now 29%. The parties have agreed that DSM has option rights to increase its stake in Andre Pect