DKSH Performance Materials Expands in Portugal with Euroingredientes Acquisition

DKSH has announced the acquisition of Euroingredientes in Portugal. This move allows DKSH Performance Materials Portugal to establish a significant presence in the food market with a diverse product portfolio of food ingredients and nutraceuticals.

Euroingredientes, founded in 2001, has over 20 years of experience as a reliable supplier in the food industry, including sectors like dairy, beverages, and bakery. The company works with around 30 suppliers, providing DKSH with a strategic opportunity to grow its life science business in Europe.

The assets of Euroingredientes will be integrated into DKSH's existing operations. Isabel Viegas, CEO of Euroingredientes, expressed confidence in strengthening their position in the life science industries through the acquisition.

Thomas Sul and Natale Capri, Co-Heads of Business Unit Performance Materials at DKSH, welcomed the Euroingredientes team and highlighted the growth prospects in Portugal. The transaction is set to close in the third quarter of 2024, pending customary conditions.