7 minute read
Linking up Combining strengths
NEWS
Combining strengths
Royal DSM, the global Life Sciences and Materials Sciences company, has reached an agreement with Cargill to acquire Cargill’s cultures and enzymes business in an all-cash transaction for a total enterprise value of €85 million.
The cultures and enzymes business of Cargill is a leading global manufacturer of cultures and enzymes for the dairy and meat industries with manufacturing operations in Wisconsin (USA) and France. The business generates net sales of about €45 million per year with approximately 200 employees.
The combination of the two businesses will allow DSM to achieve its ambition to become a tier one supplier of cultures and enzymes to the global dairy market and will greatly accelerate DSM’s growth plans for its business, which continues to benefit from consumer demand for more versatile dairy products.
Stephan Tanda, member of the DSM managing board and responsible for the Nutrition cluster, said: “This is a very important growth enhancing acquisition for our Food Specialties business and fully fits our strategy as we continue to create value for all stakeholders by providing innovative, sustainable solutions to the world’s greatest current and future challenges.” Visit: www.dsm.com
Clariant and Wilmar establish joint venture
Clariant Ltd, a world leader in speciality chemicals, and Wilmar International Limited, a leading Asian agribusiness group, have, through their respective subsidiaries, signed an agreement to establish a 50-50 joint venture as the global platform for production and sales of amines and selected amines derivatives. The joint venture will be headquartered in Singapore.
“Wilmar and Clariant will leverage on their companies’ individual strengths to create a global platform with significant growth opportunities. With this first step, both partners are dedicated to creating a new leading player in the global amine and amine derivatives market,” said Clariant CEO Hariolf Kottmann.
Clariant will contribute its Industrial & Consumer Specialties (ICS) Business Unit’s sales activities of relevant amines and defined derivatives to the joint venture as well as its amines plant in Germany and production output from its amines plant in Brazil. Headquartered in Muttenz, Switzerland, ICS has the highest sales volume in the Clariant Group and is one of the largest providers of speciality chemicals and application solutions for consumer care and industrial markets. Wilmar will contribute a new plant in China as well as its oleochemical expertise, including access to renewable raw materials. Visit: www.clariant.com
Hariolf Kottmann Stephen Tanda
DSV acquires activities from AWT Čechofracht
DSV in Czech Republic has signed an agreement on the acquisition of certain activities from AWT Čechofracht a.s. AWT Čechofracht a.s. has a strong market position in the Czech Republic, offering several forwarding and logistics services. The agreement includes the road, air and sea freight activities and contract logistics of AWT Čechofracht and will strengthen the market position of all three DSV divisions in the Czech Republic.
In the last 12 months, the activities acquired from AWT Čechofracht a.s. have generated revenue of approximately €30 million.
“AWT Čechofracht a.s. is an important player with strong traditions in the Czech market. The activities acquired match the current DSV activities in the Czech Republic well and will furthermore create a complete local distribution network,” says group CEO Jens Bjorn Andersen. Visit: www.dsv.com
DEUTZ, Bosch and Eberspächer restructure their alliance
DEUTZ AG, Robert Bosch GmbH and J. Eberspächer GmbH & Co. KG have decided to restructure their alliance in the field of exhaust after-treatment. To this end, DEUTZ and Eberspächer will sell their shares in Bosch Emission Systems GmbH (BESG) to the majority shareholder Bosch. The parties have agreed not to disclose the purchase price. The transaction is subject to approval from the antitrust authorities.
DEUTZ and Bosch will intensify their future collaboration as part of an innovation partnership in the fields of exhaust after-treatment, diesel injection technology and electronics. The aim of this partnership will continue to supply DEUTZ with exhaust after-treatment systems. Since its establishment in 2010, BESG has supplied the modules for the diesel exhaust gas after-treatment systems of construction equipment, agricultural machinery and commercial vehicles such as trucks and buses. BESG employs around 180 people, who work at three sites in Germany. Visit: www.deutz.com
LINKINGUP
SATO and CSD announce strategic alliance
SATO, a leading supplier of solutions for automatic identification and data capture, and CSD, a software specialist, have agreed to future collaborations in the transport and logistics sector. The aim is to merge various products from the two companies in order to offer customers integrated solutions.
CSD is an established software consulting and outsourcing service provider specialising in online business, online security and client/server solutions. TransWareOne client/server software from CSD Logistik Software is a powerful tool for an end-to-end order handling for logistics services.
SATO offers a full spectrum of labelling and tracking solutions for the transport and logistics industry and supports customers in all phases from consulting and specification to design and implementation. In this regard high speed and the minimisation of potential sources of errors are important factors. For example, user-friendly thermal barcode printers from SATO deliver labels with good text legibility and persistently accurate barcode markings.
“We see considerable potential from our ability to cooperate, share ideas and jointly develop comprehensive solutions, including both hardware and software, in the interest of our customers,” commented Detlev Müller, general manager SATO Germany in Raunheim. Visit: www.satoeurope.com/uk
Miston acquires majority share of Oliotalo business
Oliotalo Oy designs and manufactures intelligent remote monitoring solutions and provides engineering services for embedded systems. With this investment, Miston Oy becomes the majority owner of Oliotalo. Kaius Häggblom, the founder and managing director, will stay with the company as the managing director and co-owner. Oliotalo Oy will continue operations as an independent company.
Oliotalo Oy was founded in 2002. It specialises in intelligent remote condition monitoring systems, including a full-scale industrial strength monitoring back-end and a web based user interface. Applications of Oliotalo’s ORM technology can be found in a wide range of industries, including wind turbines, forklift fleets and other machine-to-machine applications. With Oliotalo’s range of solutions, customers can monitor, collect and process vital information, enabling remote condition monitoring, pre-emptive maintenance and subsequently lower lifecycle costs and increased reliability. In addition, Oliotalo provides OEM engineering services of embedded systems. Most of Oliotalo’s production goes to exports. Visit: www.oliotalo.fi
BASF and CSM establish 50:50 joint venture
BASF and Purac, a subsidiary of CSM, are establishing a joint venture for the production and sale of biobased succinic acid. The company will be named Succinity GmbH and will be operational in 2013. The establishment of Succinity GmbH is subject to filing with the relevant competition authorities. The company headquarters will be in Düsseldorf, Germany.
The demand for succinic acid is anticipated to grow strongly in the years ahead, driven mainly by bioplastics, chemical intermediates, solvents, polyurethanes and plasticizers.
BASF and CSM are currently modifying an existing fermentation facility at Purac’s Montmélo site near Barcelona, Spain, for the production of succinic acid. This plant, which will commence operations in late 2013 with an annual capacity of 10,000 metric tons of succinic acid, will put the new joint venture company in a leading position in the global marketplace. This is complemented by plans for a second large-scale facility with an annual capacity of 50,000 metric tons of succinic acid to enable the company to respond to the expected increase in demand. The final investment decision for this facility will be made following a successful market introduction. Visit: www.basf.com
Veidekke acquiring Hammerfest Entreprenør AS
Veidekke Entreprenør is buying 81% of the shares in Hammerfest Entreprenør AS in Finnmark. Hammerfest Entreprenør has 27 employees and an annual turnover of around NOK 80 million.
Hammerfest Entreprenør has 27 employees: 5 administrative staff and 22 craftsmen. The company carries out building and construction jobs in and around Hammerfest, and has achieved solid economical results. The company’s main market is commercial buildings, public service buildings and small construction jobs. The company was founded in 2004 by managing director Rolf Johnny Nilsen in collaboration with a number of local business partners.
“Veidekke’s expertise in project development and management, combined with Hammerfest Entreprenør’s good local relations, will make us a powerful provider of construction projects linked to the land-based activities in the oil industry and infrastructure projects in the area,” says Veidekke’s regional manager Nils Hæstad. Visit: www.veidekke.com
