The combined entity of DSM and Firmenich has begun operations after the successful merger of the two companies to form DSM-Firmenich.
With a global workforce of nearly 30,000 staff, DSM-Firmenich comprises four business units: Perfumery & Beauty; Taste, Texture & Health; Health, Nutrition & Care; and Animal Nutrition & Health.
The stated mission of Perfumery & Beauty is to create superior scents with proven benefits “using the best and largest palette of natural, synthetic, and biotech ingredients”.
Following the successful completion of the merger, co-CEO Geraldine Matchett will step down on 1 September.
The other DSM-Firmenich co-CEO, Dimitri de Vreeze, will assume full control on that date.
"Today marks a new beginning for us all that is the culmination of more than a century of ground-breaking science from two great companies. DSM-Firmenich now stands out as a category of one, uniquely working at the intersection between what people individually want and what we collectively need, without costing the Earth,” they said in a statement.
“After all, what is essential has limited impact if it is not desirable, and that impact is not positive if it is not sustainable. And sustainable things that people don't want or need don't help much!,” they added.
“We are truly global, built on an incredible foundation of proven world-class science with the broadest portfolio of nutrients, flavours, and fragrances. We are delighted to embark on this journey together as a single force for good as innovators in nutrition, health, and beauty.”