DSM N.V. is a Dutch multinational active in the fields of health, nutrition, and materials. The company was founded in 1902 as the Dutch Sugar Association. It changed its name to DSM in 1989. DSM’s headquarters are in Heerlen, Netherlands. The company has around 26,000 employees worldwide and generated a revenue of €9.4 billion in 2018. DSM’s electronics division is headquartered in Germany and has around 4,500 employees. The company produces electronic components for the automotive, aerospace, and telecommunications industries.