November 30, 2022
Parsippany, NJ, November 29, 2022
DSM announces new partnership with LBB Specialties for North America dietary supplements distribution.
Royal DSM, a global science-based company active in Health, Nutrition & Bioscience, forms a new strategic partnership with LBB Specialties (LBBS), a leader in North American specialty chemical and ingredients distribution. The agreement will leverage LBB Specialties’ market expertise to improve customer service levels and increase market share for DSM’s broad ingredient offering for the North American dietary supplements market.
To continue delivering on its growth strategy for North America, DSM has aligned its partnership efforts with LBB Specialties to deliver better customer value and expand product development opportunities. Eric Choban, Regional Vice President, HNC North America, DSM, comments: “We’re confident that LBB Specialties is the right partner to grow our customer base in the dietary supplements market. This arrangement will empower our teams to further provide customers with dedicated account management services and access to combined technical expertise from both parties.”
By joining forces with LBB Specialties, DSM will be ideally positioned to achieve greater market penetration as a premier supplier of vitamins, lipids, carotenoids, and nutraceuticals to the North American region. With extensive experience across the dietary supplements space, LBB Specialties offers a combination of technical, product management and marketing expertise to help meet fast evolving customer and consumer needs. Hank DeWolf, CEO at LBB Specialties, comments: “Our teams are fully equipped with a range of tailored product portfolios, backed by a commercially and operationally sound platform that will give DSM’s strategic growth initiatives an added boost.”
DSM and LBB Specialties will work closely together to facilitate a seamless transition for existing DSM customers as the two parties enter the new partnership arrangement. For more information, visit PartnerWithDSM.com
DSM – Bright Science. Brighter Living.™
Royal DSM is a global, purpose-led, science-based company active in Nutrition, Health and Sustainable Living. DSM’s purpose is to create brighter lives for all. DSM addresses with its products and solutions some of the world’s biggest challenges while simultaneously creating economic, environmental and societal value for all its stakeholders – customers, employees, shareholders, and society at large. DSM delivers innovative solutions for human nutrition, animal nutrition, personal care and aroma, medical devices, green products and applications, and new mobility and connectivity. DSM and its associated companies deliver annual net sales of about €10 billion with approximately 23,000 employees. The company was founded in 1902 and is listed on Euronext Amsterdam. More information can be found at www.dsm.com.
LBB Specialties is a leader in the North American specialty chemical and ingredients distribution industry. It is a diversified supplier serving end-markets including personal care, food & nutrition, advanced materials, and life sciences. LBB Specialties generates approximately $500 million of revenue and employs over 100 commercial team members.