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31 January 2025
Novonesis has entered into an agreement with dsm-firmenich to dissolve the Feed Enzyme Alliance and purchase its sales and distribution activities in exchange for a total cash consideration of EUR 1.5 billion. The transaction follows more than 25 years of successful collaboration between the parties. The acquisition aligns with Novonesis' strategic ambitions to expand its presence across the animal biosolutions value chain.
Hengeler Mueller has advised Novonesis regarding the Feed Enzyme Alliance Agreement in the context of the transaction.
Hengeler Mueller team for Novonesis
Daniel Engel (partner), Viola de Blecourt (senior associate, both Munich).