Royal DSM to acquire C5 Yeast Co.
In a move that will allow Royal DSM to increase its market position in the second generation biofuels industry, the company will acquire C5 Yeast Co. BV (Bergen op Zoom, Netherlands) from Royal Cosun. DSM is expected to combine the newly acquired company into its own advanced yeast and enzyme technologies business. Particulars of the acquisition were not made public. DSM is involved in the development of second generation biofuels, using both enzyme and yeast fermentation technologies in its processes. DSM has set as a goal to be the technology provider for the second generation biorefineries. C5 Yeast Co. has developed a yeast technology which will bring additional expertise to DSM’s portfolio. (June 28, 2011)