IFF
IFF to Open New State-of-the-Art Center for Innovation in Shanghai
IFF has announced that it aims to complete the renovation and expansion of its facilities in Shanghai Hongqiao Airport Business Park, Shanghai, China. The site is set to be fully operational by the end of August 2024, the company stated. The 16,000-square-meter site, named “Shanghai Creative Center,” is IFF’s largest in Asia. The project is ...
IFF Forms Strategic Partnership to Develop AI-driven Personalized Nutrition Platform
IFF (New York, NY) has announced its plans for accelerated entry into the personalized nutrition sector through a strategic partnership with Salus Optima, a British-based, digitally-enabled personalized nutrition, health and wellness company. The initial focus for the partnership will be metabolic health, including obesity, pre-diabetes, high cholesterol and pre-hypertension, which impacts more than 25 percent of the adult population globally. ...
IFF Honors Leading Academics Supporting Advancement in Food, Nutrition and Health
In a special ceremony, IFF (International Flavors & Fragrances, Inc., New York, NY) presented four leading university scientists with Danisco Foundation awards for their work in advancing the future of food, nutrition and health. The Science Excellence and Microbiome Science awardees have been selected for their remarkable achievements in advancing science and technology. As a ...
IFF to Merge with DuPont’s Nutrition & Biosciences Business
IFF (New York, NY) and DuPont (Wilmington, DE) have announced that they have entered into a definitive agreement for the merger of IFF and DuPont’s Nutrition & Biosciences (N&B) business in a Reverse Morris Trust transaction. The deal values the combined company at $45.4 billion on an enterprise value basis, reflecting a value of $26.2 ...
IFF Acquires Frutarom for $7.1 Billion
International Flavors & Fragrances Inc. (IFF, New York) and Israel-based Frutarom have announced that they have entered into a definitive agreement under which IFF will acquire Frutarom in a cash and stock transaction valued at approximately $7.1 billion, including the assumption of Frutarom’s net debt. Under the terms of the agreement, which has been unanimously ...
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