dsm-firmenich Agrees Sale of Action Pin Business to AP Marensin

DSM-Firmenich as announced the sale of its Action Pin business, part of the company’s Perfumery & Beauty division under the “Agro Ingredients” segment, to AP Marensin S.A.S.U., an investor consortium established by FeBe Vermögensverwaltung GmbH and supported by Berlin-based family office Econa and French private equity fund Ouest Croissance.

The transaction forms part of dsm-firmenich’s broader strategy to streamline operations and strengthen its focus on nutrition, health and beauty markets following recent portfolio restructuring initiatives. Action Pin, headquartered in Castets, France, employs approximately 110 people and is expected to generate around €50 million in sales during 2025.

The company specialises in pine-derived ingredients used across fragrance, flavour and industrial applications. Financial terms of the transaction were not disclosed, and the deal remains subject to customary regulatory approvals. dsm-firmenich stated that the divestment aligns with its ongoing transformation into a more focused consumer-oriented business after several strategic portfolio changes, including the previously announced divestment of its Animal Nutrition & Health operations.

The company continues to emphasise sustainable and renewable ingredient solutions while optimising its asset portfolio to improve long-term growth and operational efficiency. AP Marensin is expected to continue developing the Action Pin business and its bio-based ingredient portfolio within the specialty chemicals and fragrance raw materials sectors. dsm-firmenich currently operates in nearly 60 countries and generates more than €9 billion in revenue from continuing operations, supported by a global workforce of approximately 21,000 employees.

Source: DSM-Firmenich