IFF Announces Agreement To Sell Its Portfolio Of Botanical Extracts, Vitamins & Minerals And Food Enhancement Activities To Suannutra
IFF•IFF agrees to sell botanical extracts, vitamins and minerals business
July 20 (Reuters) - International Flavors & Fragrances Inc. (IFF.N):
- IFF announces agreement to sell its portfolio of botanical extracts, vitamins & minerals and food enhancement activities to Suannutra, a portfolio company of Carbyne Equity Partners.
- International Flavors & Fragrances Inc.: financial terms of the deal were not disclosed.
- The deal includes 600 employees and five manufacturing facilities in Europe, the U.S. and Latin America.
- The sale is expected to close by the end of 2026, subject to regulatory clearances.
