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-DSM to acquire Glycom to accelerate growth in Early Life Nutrition

Feb 24, 2020 - ENP Newswire
Mergers and Acquisitions

Royal DSM, a global science-based company in Nutrition, Health and Sustainable Living, today announces that it has reached agreement to acquire Glycom A/S ('Glycom'), the world's leading supplier of Human Milk Oligosaccharides (HMO) for an enterprise value of EUR765 million.

This transaction represents an EV/EBITDA multiple of 20.6x based on the 2019 reported EBITDA, and around 15x based on the estimated 2021 EBITDA.

HMOs are a collection of carbohydrate structures found in hu...