International Flavors & Fragrances agrees to sell 90% of its food ingredients business to CVC Capital Partners for $4.3 billion.
IFF is divesting 90% of its food ingredients business to CVC Capital Partners in a deal valued at about $4.3 billion. The deal is expected to close by the end of the second quarter of 2027, and IFF will retain a 10% minority stake.
1h ago · 4 sources
Coverage
- IFF sells bulk of food ingredients business to refocus on health and wellness
Deniz Ataman / food_navigator_usa · 12h ago
- IFF to sell food ingredients business for $4.3B
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