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Dutch firm buys Fortitech for $634M

Construction of a distribution center for Fortitech, a global company headquartered in Schenectady, is pictured from 2008.
Photographer: Marc Schultz
Construction of a distribution center for Fortitech, a global company headquartered in Schenectady, is pictured from 2008.
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Schenectady will play a crucial role in the future operations of Netherlands-based life and material sciences company Royal DSM, which announced Thursday the $634 million acquisition of Fortitech. Fortitech, a privately held manufacturer of nutrient mixes and additives, employs 520 people across the globe but has nearly half of its workforce at its Schenectady headquarters and Glenville distribution facility. Company spokesman Rich Schleif declined to specify exactly what the acquisition means for its 200 local ...

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