DSM on Course for Tortuga
Tortuga, a privately held Brazilian company, specializes in nutritional supplements with a focus on pasture raised beef and dairy cattle. The company is headquartered in Sao Paulo with approximately 1,200 employees. Tortuga has three production sites in Brazil. DSM has identified attractive revenue and other synergies. DSM expects the transaction to be immediately EPS accretive. Customary operational efficiencies will also be realized in the integration process.