03 Jul 2023 --- On the heels of a recent merger and restructuring of segments of the company’s vitamin production, DSM-Firmenich has acquired postbiotics producer Adare Biome for €275 million (US$299.5 million). According to the company, the price represents an 18 times multiple of Adare Biome’s 2023 enterprise value to earnings before interest, tax, depreciation and amortization.
