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CSM EBITA dips as divestment process continues
date:Mar 14, 2013
ent process for its North American and European Bakery Supplies businesses. CSM expects to complete the divestment this year.

For 2013, we have several major tasks on our hands, said Gerard Hoetmer, chief executive officer of Diemen-based CSM, in a March 13 conference call. Firstly, of course, we expect to divest our bakery supplies business, and we are working hard to further that process.

Secondly, we are building a new bio-based ingredients organization centered on Caravan Ingredients and P

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