On November 21, 2024, Swiss flavor and fragrance company dsm-firmenich AG announced that it successfully sold all of its ordinary shares in supplier Robertet S.A. dsm-firmenich now no longer retains any shares in Robertet.
dms-ferminich announced the sale of the majority of its shares in Robertet on November 15, 2024 at a price of €850 per share. As part of this transaction, Fonds Stratégique de Participations (FSP) and Peugeot Invest each acquired a 7.1% stake in Robertet with individual investments of €125 million. Leadership at Robertet said in a statement that these transactions are an effort to shift the company’s shareholder structure.
“A new, stable group of shareholders supportive of our vision is a unique asset for Robertet’s future success,” said Robertet’s chief executive officer Jérôme Bruhat. “Their backing will allow us to reinforce our leadership in natural raw materials, expand our international presence and invest in ambitious projects to serve our clients with high-quality, innovative sustainable products that have established our reputation.”