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Food Ingredients

DSM to acquire First Choice Ingredients

by Craig Bettenhausen
September 10, 2021 | A version of this story appeared in Volume 99, Issue 33

 

Continuing its expansion in the flavor and fragrance market, DSM will buy the dairy-based savory-flavoring maker First Choice Ingredients for $453 million. First Choice employs roughly 100 people near Milwaukee and expects to have $75 million in sales this year. The purchase fits with DSM’s focus on growth in the nutrition business, the firm said in a presentation to investors. DSM bought a suite of fermentation-derived flavor and fragrance ingredients from Amyris earlier this year for $150 million.

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