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    Industry News

    DSM Rolling Martek into Nutritional Lipids Business

    ...

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    09.14.11
    DSM Nutritional Products, based in Switzerland, has formed its Nutritional Lipids business unit, which will combine Martek’s algal DHA omega 3 and ARA omega 6 products along with DSM Nutritional Products’ polyunsaturated fatty acid (PUFAs) portfolio. Nutritional Lipids will focus on developing and positioning innovative nutritional lipids products, according to the company. The business will leverage Martek’s technology and market position in the U.S., and DSM Nutritional Products’ unique global asset footprint, marketing and sales, and premix network to capture global growth opportunities and accelerate international expansion.

    The nutritional lipids category of health and nutrition ingredients is science-based, fast growing and in an early stage of development, with significant growth opportunities. Products from DSM's Nutritional Lipids portfolio can already be found in more than 400 brands of infant formula, nutritional supplements, functional foods and animal feeds sold worldwide.

    Peter A. Nitze, who joined Martek in 2005 and held the position of COO at the time of DSM’s acquisition, will lead Nutritional Lipids as president and will be based in Columbia, MD. Steve Dubin, Martek’s CEO at the time of acquisition, will also be assuming a new role at DSM to be announced at a later date. David Abramson, Martek’s president at the time of acquisition, has been appointed senior executive advisor for DSM Nutritional Products.
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