Company News, Financial News

IFF Completes Frutarom Acquisition

Expects average sales growth of 5-7% and $145 million in cost synergies.

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By: TOM BRANNA

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International Flavors & Fragrances Inc. has completed its acquisition of Frutarom. According to the company, the new IFF is a global leader in taste, scent and nutrition. Moreover, the deal: • Creates a differentiated portfolio with an increased focus on naturals and health and wellness as well as more comprehensive solutions; • Provides opportunities to expand into attractive and fast-growing categories, such as savory solutions, natural colors, natural food protection and health ingr...

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