Firmenich’s Merger with DSM

Stibbe advised Firmenich on the deal. Firmenich is also advised by Swiss law firm Bär & Karrer and by Oberson Abels on Swiss tax aspects of the merger.

Firmenich, the world’s largest privately-owned fragrance and taste company, commpleted its merger with Royal DSM, to establish the leading creation and innovation partner in nutrition, beauty and well-being (DSM-Firmenich). DSM-Firmenich will be listed on Euronext Amsterdam. 

The merger will be effected through an exchange offer by DSM-Firmenich for DSM shares and the contribution by the shareholders of Firmenich of their Firmenich shares to DSM-Firmenich in exchange for DSM-Firmenich shares and €3.5 billion cash. At inception of the merger, DSM’s shareholders will own in the aggregate 65.5% of DSM-Firmenich and the various Firmenich shareholders will own in the aggregate 34.5% of DSM-Firmenich.

The Stibbe team included Björn van der Klip (Picture), Jeroen Smits, Pieter Schütte, Rein Wesseling, Marc Habermehl, Elske Raedts, Lotte Hover-Boon, Roos Elemans, Rik van Kessel, Tjaša Gec, Maurits Schmitz, Marjolein Coppes, Casper Driever, Aernout Pagano Mirani, Freya Trouw.

Involved fees earner: Marjolein Coppes – Stibbe; Casper Driever – Stibbe; Roos Elemans – Stibbe; Tjaša Ge? – Stibbe; Marc Habermehl – Stibbe; Lotte Hover-Boon – Stibbe; Elske Raedts – Stibbe; Maurits Schmitz – Stibbe; Pieter Schütte – Stibbe; Jeroen Smits – Stibbe; Freya Trouw – Stibbe; Björn van der Klip – Stibbe; Rik van Kessel – Stibbe; Rein Wesseling – Stibbe;

Law Firms: Stibbe;

Clients: Firmenich SA;

Naoual Sadouqi

Author: Naoual Sadouqi