Netherlands-based health and nutrition player DSM reveals it has only one final bridge to cross in its merger with Firmenich, the largest privately-owned flavour and fragrance company in the world. The last hurdle is the need to receive at least 80 % of DSM shareholders tendering their shares by 17 April 2023. During an extraordinary general meeting of DSM’s shareholders in January of this year, 99 % of them voted in favour of the deal.

The new company, DSM-Firmenich, could start trading on the stock exchange as early as 18 April 2023 now that it has received the final clearance from the Competition Commission of India. The new global company will be headquartered in Switzerland and listed on Euronext Amsterdam. It will be a major producer with innovative capabilities in the flavour, fragrance, texture and nutrition categories. At the moment, there is an indicative date of 8 May 2023, which would be the day that the transaction concludes and Firmenich becomes fully a part of DSM and the merger is considered to be technically complete.