September 12, 2011
KAISERAUGST, SwitzerlandDSM Nutritional Products formed Nutritional Lipids, a company that combines Marteks algal docosahexaenoic acid (DHA) omega-3 and arachidonic acid (ARA) omega-6 products and DSM Nutritional Products polyunsaturated fatty acid (PUFAs) portfolio. The business is designed to leverage Marteks technology and market position in the United States and DSM Nutritional Products global asset footprint, marketing and sales, and premix network to capture significant global growth opportunities and accelerate international expansion.
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 the acquisition, will lead Nutritional Lipids as president and will be based in Columbia, MD. Steve Dubin, Marteks CEO at the time of acquisition, will also be assuming a new role at DSM to be announced at a later date. David Abramson, Marteks president at the time of acquisition, has been appointed senior executive advisor for DSM Nutritional Products.
In early 2011, Royal DSM N.V. obtained all shares of common stock of Martek Biosciences Corp.
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