DSM-Firmenich AG Divests Entire Stake in Robertet S.A.

On November 21, 2024, Swiss flavor and fragrance company DSM-Firmenich AG announced the successful sale of its entire stake in supplier Robertet S.A. As a result, DSM-Firmenich no longer holds any shares in Robertet.

DSM-Firmenich sold the majority of its shares in Robertet at a price of €850 per share. As part of the transaction, Fonds Stratégique de Participations (FSP) and Peugeot Invest each acquired a 7.1% stake in Robertet, investing €125 million each. Robertet's leadership stated that these transactions aim to realign the company's shareholder structure.

Source: Perfumer&Flavorist