The fact that DSM will become a Swiss company on paper after the merger with Firmenich does not mean that the company for food ingredients and supplements will leave the Netherlands, says Prime Minister Mark Rutte
“I don’t think it’s a departure. They are going to expand in the Netherlands. They keep a head office in Maastricht and also a head office in Switzerland,” he said in Brussels. “They will remain listed on the Amsterdam stock exchange.”
Also read: How Limburgish is DSM after a merger with a Swiss company?
Walk ahead
According to Rutte, DSM, which emerged from De Nederlandse Staatsmijnen, has also said that the investment climate in the Netherlands is good. “They are going to expand in the Netherlands, they are going to invest extra.” Rutte calls this good news, but also “logical because the Netherlands is really leading the way in the sector in which they are active”.
Materials branch
DSM announced the merger with Firmenich on Tuesday and will become a Swiss company. Shareholders of the Dutch group will own about two-thirds of the shares of the merged company DSM-Firmenich. DSM also announced the sale of the materials business to a consortium of the German chemical company Lanxess and the investor Advent International.
Also read: DSM to merge with Firmenich to become a Swiss company