DSM in negotiations to buy Chinese vitamin C manufacturer
DSM has ended speculation about acquiring Chinese vitamin C supplier Aland by acknowledging it is in talks with the firm, but asserts no deal has been signed.
DSM said the deal for 24-year-old Jiangsu-based Aland Nutraceutical Holding, if completed, would represent a, “relatively small acquisition” that would, “add to its position in vitamin C, the world's largest vitamin measured by volume.”
Aland sold €65m worth of vitamin C in 2013.
Currently DSM manufactures all of its vitamin C at its facility in Dalry, Scotland. It is used mainly in food, supplements, cosmetics and feed.
Aland’s other offerings include multivitamins, glucosamine, minerals and herbal extracts.
