Royal DSM, a global life sciences and materials sciences company, has acquired Unitech Industries Limited, a New Zealand-based producer of nutritional products for both human and animal markets.
Financial details have not been disclosed. With the acquisition of Unitech, DSM has production facilities in over 40 countries in its nutrition business.
The acquisition fits in the strategy for DSM's nutrition cluster as Unitech adds to DSM's geographic footprint and value chain presence, according to the company. Unitech is the leading producer of food ingredient premixes in Oceania, leveraging the strategic location of New Zealand for the supply of dairy-containing products across Asia. Unitech also holds a strong position in the third-party manufacture of macronutrient blends.
"The acquisition of Unitech helps us to expand our value chain presence, geographical reach and customer base," said Rick Greubel, president of DSM Nutritional Products Human Nutrition & Health. "As a leader in food ingredient premixes and blends, Unitech will allow us to deliver more value to our multinational, Oceania- and Asia-based customers."