DSM accelerates growth in plant-based proteins through acquisition of Vestkorn Milling
DSM has agreed to acquire the Norwegian producer of pea- and bean-derived ingredients for plant-based protein products.
Vestkorn Milling supplies proteins, starches and dietary fibers for plant-based foods, pet food and animal feed. The company has 55 employees and is based in Tau on the south-west coast of Norway.
Patrick Niels, Executive Vice President of DSM’s Food & Beverage division, commented on the acquisition: “We very much look forward to welcoming Vestkorn Milling and their team to DSM. Increasingly, food and beverage producers around the world are looking to partners who can offer an integrated portfolio of ingredients, expertise, and solutions to help them differentiate and get to market fast. This is especially important in the highly dynamic meat alternatives space, where consumer and societal expectations around authentic taste, texture, and nutritional profile, as well as climate impact, are becoming more and more sophisticated.”
Aslak Lie, CEO of Vestkorn Milling, added: “Through the cooperation with DSM we have taken a huge step towards becoming a global leader of pulse-based ingredients. Over the past years we have significantly expanded our business and market. With DSM, we have got a long-term oriented owner that will fuel further growth and expansion. We are thrilled by this opportunity, and we look forward to being a part of the DSM team.”