International Flavors & Fragrances agrees to sell its food ingredients business to CVC Capital Partners for about $4.3 billion.
IFF is divesting 90% of its food ingredients business to CVC Capital Partners in a deal that values the unit at about $4 billion. The transaction is expected to close by the end of the second quarter of 2027.
3h ago · 4 sources
Coverage
- Activist Toms Capital Has Built Stake In McCormick As It Works On Unilever Food Deal
ESM Magazine / esm_magazine · 6h ago
- IFF sells bulk of food ingredients business to refocus on health and wellness
Deniz Ataman / food_navigator_usa · 20h ago
- IFF to sell food ingredients business for $4.3B
Christopher Doering / food_dive · 1d ago
- International Flavors And Fragrances Agrees To Sell Food Ingredients Business
ESM Magazine / esm_magazine · 1d ago
- Church & Dwight Announces Miss Mouth’s Messy Eater® Brand Acquisition
businesswire_food · 1d ago
- Tyson Foods hires Jeff Schomburger as CEO
Christopher Doering / food_dive · 2d ago