IFF sells flavor specialty ingredients business to Exponent for $220m

IFF sells flavor specialty ingredients business to Exponent for $220m

International Flavors & Fragrances Inc. (IFF) has announced the completion of its divestiture of the Flavor Specialty Ingredients (FSI) business to Exponent, a UK-based private equity firm. The transaction, which was previously announced in February 2023, garnered cash proceeds of $220 million. International Flavors & Fragrances Divests Flavor Specialty Ingredients Division The Flavor Specialty Ingredients […]