Approved · Waiver · decided in 17 days, 7 Apr 2026
CVC Capital Partners, via newly formed entities, acquired the Animal Nutrition & Health business from DSM-Firmenich AG. This private equity investment targets a global provider of science-based animal nutrition and health solutions for livestock producers and feed manufacturers, including vitamins and premixes.
The Acquisition is a private equity financial investment concerning the acquisition of DSM-Firmenich AG’s Animal Nutrition & Health business (the Target ) by the following newly formed companies: Specialty Bidco B.V.; Specialty (U.S.) Bidco, Inc.; Essential Bidco B.V.; and Essential (U.S.) Bidco, Inc. These companies are all indirectly controlled by funds advised or managed by affiliates of CVC Capital Partners plc ( CVC Capital Partners ), a public limited company incorporated in Jersey and listed in Amsterdam. The CVC Network is a global alternative investment manager focused on private equity, credit, infrastructure and secondaries, and includes CVC Capital Partners, each of its subsidiaries, and the CVC Funds. The seller is DSM B.V., a private limited liability company incorporated in the Netherlands and part of DSM-Firmenich AG. The Target is a global provider of science-based animal nutrition and health solutions for livestock producers and feed manufacturers. Its global activities span: vitamins and carotenoids; premixes; performance solutions; aroma ingredients; and precision services.