DSM Informs Market on the Completion of the Sale of DSM Sinochem Pharmaceuticals to Bain Capital

HEERLEN, Netherlands, October 31, 2018

Royal DSM, a global science-based company in Nutrition, Health and Sustainable Living, informs its stakeholders that Bain Capital today has completed the acquisition of DSM Sinochem Pharmaceuticals (DSP), from DSM and Sinochem Group who each held an equity stake of 50%. The transaction was announced on 29 June 2018. 

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DSM received about €250 million for its equity stake, excluding an earn-out (estimated at around €50m) and transaction costs. DSM anticipates a book profit of about €110 million on the transaction to be recognized in Q4 2018. DSM expects to receive approximately €275 million in cash following closing, including repayment of debt and after transaction costs. 

DSM - Bright Science. Brighter Living.™ 

Royal DSM is a purpose-led global science-based company in Nutrition, Health and Sustainable Living. DSM is driving economic prosperity, environmental progress and social advances to create sustainable value for all stakeholders. DSM delivers innovative business solutions for human nutrition, animal nutrition, personal care and aroma, medical devices, green products and applications, and new mobility and connectivity. DSM and its associated companies deliver annual net sales of about €10 billion with approximately 23,000 employees. The company is listed on Euronext Amsterdam. More information can be found at http://www.dsm.com.

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