Latest News from AgTechNavigator
-
DSM-Firmenich sold its Animal Nutrition & Health division to CVC Capital Partners for €2.2 billion, marking a strategic shift away from volatile agribusiness towards consumer markets like human nutrition and beauty. DSM-Firmenich retains a 20% stake and a vitamin supply agreement, indicating continued interest in animal health, while CVC plans to create two companies from the acquisition focusing on innovative solutions and essential feed ingredients. This reflects a broader industry trend of investing in high-value, tech-enabled solutions and managing exposure to commodity cycles.