CVC Nears €2.2 Billion Deal for DSM-Firmenich’s Animal Health Unit

Buyout firm CVC Capital Partners Plc is nearing a deal to acquire DSM-Firmenich AG’s animal nutrition and health business, according to people with knowledge of the matter.

CVC and DSM-Firmenich are finalizing details of a transaction, which could be announced as soon as the coming days, said the people, who asked not to be identified as the information is private. A deal could value the business at around €2.2 billion ($2.6 billion), some of the people said.