(RTTNews) – Royal DSM (RDSMY.PK) said the company is simplifying its operational structure and reorganizing its health, nutrition and life sciences activities into three business areas. The new business groups will be: Food & Beverage Business Group; Health, Nutrition and Nursing Business; and Animal Nutrition & Health Business Unit.

In addition, DSM confirmed that it has initiated a review of strategic options for its materials businesses, including a possible change of ownership. The group determined that the materials division will be managed largely independently in the future.

DSM will report under this new structure from January 1, 2022.

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