04.01.03
Degussa AG, Dusseldorf, Germany, has rearranged its food and feed activities and in this connection has disbanded its Health & Nutrition Division. In this process, the business units that make up the division, namely Flavors & Fruit Systems, BioActives, Feed Additives and Texturant Systems, are to be allocated to other Degussa divisions. The reason for the decision, according to the company, lies with the differing market structures applicable to food and feed activities and the resulting lack of synergistic potential. At the same time, the measure will allow Degussa to simplify its organizational structure. Since the three business units are aligned to the end market within the food sector, they will be gathered together into a new business unit and managed as business lines. Due to its proximity to the end-consumer markets, a factor that also characterizes Degussa’s operations in the area of cosmetics, hygiene and care specialties, this newly-created business unit is to become part of the Performance Chemicals Division, which is to be renamed Performance Materials. The Feed Additives Business Unit, also a core business of Degussa, will be made part of the Fine & Industrial Chemicals Division since it has pre-products in common with the division’s activities.