30 September 2020 - DSM has sold its Resins & Functional Materials business to Covestro for EUR 1.6 billion – a deal in line with the company's focus on core activities Nutrition, Health, and Sustainable Living.
Geraldine Matchett and Dimitri de Vreeze, Co-CEOs of Royal DSM, commented: “This sale builds on our approach of actively managing our businesses, as DSM continues to evolve as a purpose-led, science-based company operating in the fields of Nutrition, Health and Sustainable Living.”
“The deal delivers strong value to DSM and is strategically attractive for all parties,” they added.
