European firm dsm-firmenich raises Andre Pectin stake to 90.5%

dsm-firmenich, innovators in nutrition, health, and beauty, expanded its investment in Yantai DSM Andre Pectin Company Limited (‘Andre Pectin’), increasing its shareholding to 90.5%. Andre Pectin is a leading specialty food ingredient producer.

dsm-firmenich already held 75% of shares in Andre Pectin. Following the latest acquisition of another 15.5% of shares, dsm-firmenich increased its shareholding to 90.5%. The remaining 9.5% of the shares in Andre Pectin continue to be held by Rich Spring Holdings Limited.

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ALCHEMPro News Desk (HU)