DSM Completes Increase Shareholding in Andre Pectin to 75%

HEERLEN, Netherlands, March 18, 2019 /PRNewswire/ --

Royal DSM, a global science-based company in Nutrition, Health and Sustainable Living, informs its stakeholders that it has completed the increase of its shareholding in Yantai Andre Pectin Co. Ltd. (Andre Pectin) to 75%. The increase was first announced on 4 February 2019. Andre Pectin is a leading specialty food ingredient producer. 

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The remaining 25% of the shares in Andre Pectin continues to be held by the Shandong Andre Group Co., Ltd, that supplies raw materials and utilities. More information regarding the transaction and Andre Pectin can be found in the press release that was issued on 4 February 2019.E

DSM - Bright Science. Brighter Living.™ 

Royal DSM is a purpose-led global science-based company in Nutrition, Health and Sustainable Living. DSM is driving economic prosperity, environmental progress and social advances to create sustainable value for all stakeholders. DSM delivers innovative business solutions for human nutrition, animal nutrition, personal care and aroma, medical devices, green products and applications, and new mobility and connectivity. DSM and its associated companies deliver annual net sales of about €10 billion with approximately 23,000 employees. The company is listed on Euronext Amsterdam. More information can be found at http://www.dsm.com.

Forward-looking statements 

This press release may contain forward-looking statements with respect to DSM's future (financial) performance and position. Such statements are based on current expectations, estimates and projections of DSM and information currently available to the company. DSM cautions readers that such statements involve certain risks and uncertainties that are difficult to predict and therefore it should be understood that many factors can cause actual performance and position to differ materially from these statements. DSM has no obligation to update the statements contained in this press release, unless required by law. The English language version of the press release is leading.

For more information:
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Herman Betten
tel. +31-(0)-45-5782420  
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DSM Investor Relations
Dave Huizing
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e-mail investor.relations@dsm.com