Issue Date: July 21, 2014
DSM Will Buy Chinese Vitamin C Producer
DSM has agreed to acquire the Chinese vitamin C producer Aland. Listed on the Hong Kong Stock Exchange, Aland employs 1,850 people and operates a plant in Jingjiang, Jiangsu province. It recorded vitamin C sales of $90 million in 2013. DSM, which disclosed talks about the acquisition in April, is not buying Aland’s consumer health business. The Dutch company says it remains fully committed to its current vitamin C facility in Dalry, Scotland. Vitamin C is the world’s largest-volume vitamin.
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