The European Commission has granted clearance under the EU Merger Regulation to the acquisition of sole control of DSM Bakery Ingredients, currently controlled by Royal DSM NV of the Netherlands, by Gilde Buy-Out Fund II, also of the Netherlands, part of the Rabobank Group.

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DSM Bakery Ingredients is a leading producer of fresh yeast, dry yeast and related bread ingredients for artisanal, home and industrial bakers. Gilde Buy-Out is a specialised investment fund which focuses on investing in medium sized to larger companies through management buy-outs/buy-ins in continental Europe.

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