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Finance

Flavours and fragrances maker DSM-Firmenich starts trading on Swiss exchange

Published by Global Banking & Finance Review

Posted on May 21, 2026

1 min read

· Last updated: May 21, 2026

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DSM-Firmenich Debuts on Swiss Exchange Following Dual Listing Completion

DSM-Firmenich's Swiss Exchange Debut and Market Impact

Debut Details and Market Capitalisation

ZURICH, May 21 (Reuters) - DSM-Firmenich made its debut on the Swiss exchange on Thursday after the flavours and fragrances maker completed the second part of its dual listing.

The company, which competes with Givaudan and Symrise, had an opening price of 62.80 francs per share, giving it a market capitalisation of roughly 15.9 billion Swiss francs ($20.20 billion).

Dual Listing Structure

The listing, which did not involve the issuance of new shares, is in addition to the existing trading of DSM-Firmenich stock on the Euronext Amsterdam exchange which started in April 2023.

Index Inclusion and Currency Note

The company will be included on the mid-cap Swiss Performance Index from May 22.

($1 = 0.7873 Swiss francs)

Reporting Credits

(Reporting by John RevillEditing by Tomasz Janowski)

Key Takeaways

  • The dual listing strengthens alignment with the company’s Swiss heritage and broadens access to equity investors, with full fungibility maintained between Swiss and Dutch markets.
  • This secondary listing did not issue new shares or alter capital structure, and the share is set to join the SPI and SPI Extra indices after the first trading day.
  • DSM‑Firmenich, formed in May 2023 via the merger of DSM and Firmenich with dual headquarters in Kaiseraugst and Maastricht, generated around €12.5 billion in revenue in 2025 and is a major global player surpassing Givaudan in sales volume.

Frequently Asked Questions

When did DSM-Firmenich start trading on the Swiss exchange?
DSM-Firmenich made its debut on the Swiss exchange on Thursday, May 21.
What was DSM-Firmenich's opening share price on the Swiss exchange?
The company's opening price was 62.80 Swiss francs per share.
What is DSM-Firmenich's estimated market capitalization after the Swiss listing?
DSM-Firmenich's market capitalization is roughly 15.9 billion Swiss francs ($20.2 billion).
Is DSM-Firmenich issuing new shares as part of the Swiss listing?
No, the listing did not involve the issuance of new shares.
Will DSM-Firmenich be included in any stock indices after this listing?
DSM-Firmenich will be included in the mid-cap Swiss Performance Index from May 22.

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