DSM informs market on the announced sale of AOC to Lone Star Funds affiliate

DSM informs its stakeholders that CVC Capital Partners today announced the proposed sale of AOC.

Heerlen, NL, 13 July 2021 10:35 CEST

Royal DSM, a global science-based company in Nutrition, Health and Sustainable Living, informs its stakeholders that CVC Capital Partners today announced the proposed sale of AOC, in which DSM is a minority shareholder, to an affiliate of Lone Star Funds.

DSM owns a minority position in AOC through the contribution of its composite resins business in 2015. It is estimated that DSM will receive about €300 million in cash for its entire shareholding following the closing of the transaction. Closure is subject to the customary conditions and approvals.