date:Jul 16, 2014
DSM has reached agreement to acquire Aland, a Hong Kong-based company producing vitamin C in mainland China. Financial details were not disclosed. Subject to customary conditions, the transaction is expected to close in the next six to nine months. DSM previously announced on 9 April 2014 that it was in exclusive discussions to acquire Aland.
According to the company, acquiring Aland, one of the leading Vitamin C manufacturers in China, allows DSM to further strengthen its position in vitamin C