Royal DSM To Focus Exclusively On Health, Nutrition And Bioscience Activities

Royal DSM (RDSMY.PK) said the company is simplifying its operating structure and reorganizing its Health, Nutrition & Bioscience activities into three Business Groups. The new Business Groups will be: Food & Beverage Business Group; Health, Nutrition & Care Business Group; and Animal Nutrition & Health Business Group.

Also, DSM confirmed it has started a review of strategic options for its Materials businesses, including a possible change of ownership. The Group noted that, going forward, the Materials Business Group will be managed largely on a stand-alone basis.

DSM will begin reporting according to this new structure as from 1 January 2022.

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