Miller Magazine Issue 146 February 2022
38 MILLER / FEBRUARY 2022 NEWS Royal DSM, a global purpose-led science-based company, announces the completion of its acquisition of Vestkorn Milling for an enterprise value of €65m. This acquisition of one of Europe’s leading produc- ers of pea- and bean-derived ingredients for plant-based protein products was first announced on 29 November 2021. Vestkorn Milling supplies the buoyant alternative pro- tein market with proteins, starches and dietary fibers for plant-based foods, pet food and animal feed. These are highly complementary to DSM’s broad offering to plant- based food and beverage companies, which includes vitamins, algal lipids and minerals that improve nutrition- al value; texturizing hydrocolloids; and flavors and yeast extracts as well as enzymes that improve protein taste and functionality. The acquisition is a further step in DSM’s strategy to build an alternative protein business and will provide synergy with DSM’s innovative CanolaPRO™ rapeseed protein isolate, which will commercially launch next year. Royal DSM is a global, purpose-led company in Health, Nutrition & Bioscience, applying science to improve the health of people, animals and the planet. DSM and its associated companies employ approximately 23,000 people around the world and deliver annual net sales of about €10 billion. The company was founded in 1902 and is listed on Euronext Amsterdam. DSM completes the acquisition of Vestkorn Milling The Grain Elevator and Processing Society (GEAPS) announced the full educational schedule for GEAPS Exchange March 26-29 in Kansas City, MO. The full schedule, which features more than 45 hours of great educational content is available online. Attendees will be able to learn from industry experts, interact with the new Innovation Stations, ask ques- tions and truly learn from these sessions. This educa- tion lineup was designed to help keep workers safe, improve efficiency and product quality and inspire in- novation. “The Education Committee is excited about offer- ing excellent educational opportunities for Exchange 2022 attendees,” said Randy Bowman, EPC vice chair. “Each year we look to bring in new and relevant topics with speakers that are experts in their area. And this year’s program is very strong.” For the first time in nearly 100 years of GEAPS mem- bers gathering for GEAPS Exchange, the association is bringing in a keynote speaker to kick off the education sessions. “Beyond Resilience: Making a Shift from Sur- viving to Thriving” will surely resonate with you wheth- er you’re a seasoned pro, mid-career or a student working toward a future in agriculture. For more than 20 years, Ellis has been working to help leaders, teams and organizations not only sur- vive—but thrive—in the midst of change and challeng- es. He uses science-backed tools and techniques de- signed to provide immediate, lasting relief from stress. GEAPS releases exchange education schedule
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