THE WHAT? Firmenich and DSM have jointly announced the launch of the Exchange offer as part of their merger to create DSM-Firmenich.
THE DETAILS The AFM has approved the Offering Circular, enabling the company to formally launch the Exchange Offer as part of the merger of equals between DSM and Firmenich to create DSM-Firmenich.
The managing board of DSM and the supervisory board of DSM unanimously support the transactions and recommended the exchange offer to the DSM shareholders for acceptance.
Completion of the transactions is currently expected in Q1 2023.
The combination will bring together Firmenich’s Perfumery and Taste businesses, its science platforms and associated co-creation capabilities with DSM’s Health and Nutrition portfolio and scientific expertise.
The new Swiss-Dutch global company will have four complementary businesses and will be domiciled in Switzerland and listed on Euronext Amsterdam.
THE WHY? The four businesses are said to better enable DSM-Firmenich to partner with customers to ‘fulfil their ambitions and address the needs of today’s conscious consumers who prioritize sustainability, health and well-being.’
Geraldine Matchett and Dimitri de Vreeze, Co-CEOs of DSM, commented: “We are entering the exciting next phase as we look to bring together DSM and Firmenich’s complementary capabilities, likeminded and passionate people, and unite the heritages of two great and historic companies.
“DSM-Firmenich is set to become the leading creation and innovation partner in nutrition, beauty and well-being, capable of delivering enhanced growth and shareholder value creation through strong growth synergies, as well as an enhanced customer offering and an even greater positive impact across the world.”
Injectable aesthetics are popular due to their ability to provide noticeable results with minimal downtime compared to surgical procedures. They are versatile and can be tailored to meet individual aesthetic goals, whether it's enhancing lips, restoring facial volume, or smoothing out wrinkles. However, they should always be administered by qualified professionals to ensure safety and achieve optimal results.
Injectable aesthetics are used to enhance facial features, reduce the signs of aging, and improve overall facial symmetry and appearance.
Key types of injectable aesthetics include:
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Dermal Fillers: These injectables are used to add volume, fill in wrinkles and folds, and enhance facial contours. They often contain substances like hyaluronic acid, collagen, or calcium hydroxylapatite, which help plump up the skin and smooth out fine lines and wrinkles.
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Botulinum Toxin (Botox): Botulinum toxin injections temporarily relax facial muscles that cause wrinkles and lines to form. It is commonly used to treat forehead lines, frown lines between the eyebrows, and crow's feet around the eyes.
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Collagen Stimulators: These injectables stimulate the body's own collagen production, helping to improve skin texture and firmness over time. Examples include poly-L-lactic acid (Sculptra) and calcium hydroxylapatite (Radiesse).
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Neurotoxin Injections: Besides Botox, other neurotoxins such as Dysport and Xeomin are used similarly to reduce wrinkles and lines.
