Highlights
Taste, Texture & Health delivered sales of €3,038 million and an Adjusted EBITDA of €556 million
The merger between DSM and Firmenich brought together two highly complementary businesses in the food and beverage space to form the new dsm-firmenich Business Unit: Taste, Texture & Health
In 2023, we made excellent progress in integrating the two businesses enabling to bring new, integrated solutions to market faster, helping our customers shorten their time-to-market and become more competitive
We validated the revenue cross-selling and concept-selling synergies identified post-merger and created joint segment strategies for additional upside while at the same time reporting our first joint commercial successes
We continued to invest in our state-of-the-art facilities across the globe, launched new sustainable products and solutions, signed commercial partnerships, and continued to invest in research and innovation
We combined two platforms for accelerated growth – our plant-based and sugar reduction platforms – integrated our shared functions, and set up joint key global account management
About Taste, Texture & Health
Building on our combined science-based heritage, biotech know-how, creation & application capabilities, and intimacy with customers, Taste, Texture & Health (TTH) addresses one of society’s biggest challenges: how to deliver nutritious, delicious and sustainable food and beverage solutions. In doing so, we help accelerate the diet transformation by offering appealing taste and texture and help feed a growing world population sustainably, while minimizing food loss and waste. By co-creating with our customers, we bring progress to life through the development of attractive, desirable and sustainable food and drink products that help support health and well-being.
TTH comprises two divisions: Taste, which includes flavors, natural extracts and sugar reduction solutions; and Ingredient Solutions, which includes food enzymes, cultures, hydrocolloids, proteins, natural colorants, nutritional ingredients, premixes and yeast extracts. Our plant-based platform combines the portfolios and application and creation capabilities across the two divisions.
Our passion for the science and emotion of food extends from discovery to application, via the customer to the end-consumer. Leveraging our broad portfolio of unique ingredients and intrinsic creativity, we deliver solutions for every taste and occasion. This includes drinks with little or no sugar; dairy products with consumer-preferred mouthfeel; succulent savory bites; and nutritious plant-based alternatives – healthier and delicious products that are better for people and planet.
