CVC Capital Partners Acquires Animal Nutrition Business Units
What happened
CVC Capital Partners is acquiring two companies, Noviwest and Panavora, which will emerge from the sale of dsm-firmenich’s Animal Nutrition & Health business. CVC Capital Partners will acquire the companies, subject to regulatory approvals, while dsm-firmenich will retain a 20 percent equity interest in each. Noviwest will concentrate on vitamins, carotenoids, and aroma ingredients, and Panavora will cover premixes, feed additives, and animal nutrition services.
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Why it matters
The transaction involves the separation of dsm-firmenich's Animal Nutrition & Health business into two specialized entities. This restructuring creates a strong European manufacturing base for essential vitamins and ingredients, which is noted as critical for supply security.
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Who's involved
- CVC Capital PartnersAcquiring the two standalone companies from dsm-firmenich
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The entities involved
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CVC Capital Partners
Investment Advisory Firm