July 4, 2013

DSM acquires New Zealand's Unitech to better serve Asia market

 

Royal DSM, the global life sciences and materials sciences company, has acquired Unitech Industries Limited (Unitech), a New Zealand-based producer of nutritional products for both human and animal markets.

The acquisition fully meets DSM's financial and strategic requirements, though financial details are not disclosed at this time.

This acquisition fits in the strategy for DSM's Nutrition cluster as Unitech adds to DSM's already strong geographic footprint and value chain presence. The acquisition brings DSM's production facilities in its nutrition business to over 40 countries.

Unitech is the leading producer of food ingredient premixes in Oceania, leveraging the strategic location of New Zealand for the supply of high quality, dairy containing products across Asia. Unitech holds also a strong position in the third-party manufacture of macronutrient blends.

With its track record of technical service and high quality production, Unitech has a robust and loyal customer network including multinational brand names and large regional clients. DSM will enhance this value proposition with its broad portfolio of micronutrients, science-based expertise, and customer relationships with multinational and regional infant nutrition and food customers. Unitech's solution provider model will furthermore increase customer intimacy and loyalty.

Based in Auckland, New Zealand, Unitech focuses primarily on the manufacture and sale of micronutrient premixes and macronutrient blends for the rapidly growing Asian human nutrition and health markets; and animal nutrition and health markets including premixes for pet food. Unitech realises annual net sales of around NZD 50 million (US$38.93 million) and employs about 100 people.