Press release

DSM completes sale of Resins & Functional Materials businesses

Heerlen, NL, 01 Apr 2021 14:16 CEST

Royal DSM, a global science-based company in Nutrition, Health and Sustainable Living, today announces the completion of the sale of its Resins & Functional Materials and associated businesses (together, “RFM”) to Covestro AG for an equity value of €1.6 billion. The proposed sale of RFM was first announced on 30 September 2020.

The transaction covers DSM’s Resins & Functional Materials businesses, including DSM Niaga®, DSM Additive Manufacturing, and the coatings activities of DSM Advanced Solar. DSM anticipates a book profit on the transaction of around €540 million. DSM will receive approximately €1.4 billion net in cash.

For more information

Lieke de Jong-Tops

Senior Communications Manager
+31 45 578 2420
media.contacts@dsm.com

Dave Huizing

Vice President Investor Relations
+31 45 578 2864
investor.relations@dsm.com

Lieke de Jong-Tops

 Senior Communications Manager
+31 45 578 2420

Dave Huizing

Vice-President Investor Relations
+31 45 578 2864

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