May 8, 2006

 

DSM Nutritional Products buys CRINA feed additive business from Intervet International

 

Press release

 

Intervet International and DSM Nutritional Products signed an agreement on the sale and purchase of the CRINA business.

 

In 2005, CRINA, located in Gland, Switzerland, had annual sales of about EUR6 million. With 19 employees, CRINA is the pioneering company in plant extracts used as feed additives, and specialises in digestibility modulators based on blends of essential oils. With the acquisition of CRINA, DSM Nutritional Products will further strengthen its position in animal nutrition and health ingredients. Both parties have agreed not to disclose financial details from this deal.

 

Plant extracts is one of the ingredient classes with high growth potential. It is increasingly used in poultry, swine and cattle feeds to stabilise the intestinal micro-flora, thus promoting animal health and stimulating its performance.

 

"We are very pleased about this acquisition, as it further enriches our product range for the nutrition of animals. The CRINA products and brands are an attractive platform for launching some of the products we have in the pipeline," commented Krijn Rietveld, Senior Vice President New Business Development, DSM Nutritional Products.

 

Ruurd Stolp, President of Intervet, explains, "With CRINA, Intervet divests the last part of its global feed additives business in its overall strategy to focus on the core business of vaccines and pharmaceuticals to keep animals healthy."

 

Intervet, a business unit of Akzo Nobel, based in Boxmeer, the Netherlands, with sales of EUR1.094 billion in 2005, is dedicated to research and development, production and marketing of innovative animal health products. Intervet's product range, for use in livestock, companion animals, poultry and fish, includes vaccines, antiparasitics, anti-infectives, endocrine products and other pharmaceutical specialties. Intervet operates globally with its own marketing organisations. The company currently employs about 5,000 people. For further company information, please visit: www.intervet.com

 

DSM Nutritional Products is the world's leading supplier of vitamins, carotenoids and other fine chemicals to the feed, food, pharmaceutical and personal care industries. The company has sales of about EUR2 billion and a long tradition as a pioneer in the discovery of new products, new formulations and attractive applications for all industry segments. For further company information, please visit: www.dsmnutritionalproducts.com

  

For more information, contact:

 

DSM Nutritional Products

Dr Thomas Breisach

Tel: +41-61-6888514

Fax: +41-61-6873716

E-mail: Thomas.Breisach@dsm.com