By: ICN Bureau
Last updated : April 04, 2025 10:09 am
dsm-firmenich already held 75% of shares in Andre Pectin
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.