Bunge Completes Acquisition of IFF’s Soy Protein Concentrate, Lecithin, and Soy Crush Businesses

Benson Hill Acquires ZFS Creston

January 4, 2022

Food & Beverage

Benson Hill, Inc. acquired ZFS Creston, LLC, a food‑grade soy white flake and soy flour manufacturing operation in Creston, Iowa, for approximately $102 million, primarily financed by a $100 million committed debt facility led by Avenue Capital Group. The acquisition gives Benson Hill immediate processing capacity to commercialize its high‑protein soybean varieties and expand its portfolio of non‑GMO, traceable soy protein ingredients for human and pet food markets.

Exponent Acquires IFF's Flavour Specialty Ingredients (FSI) Business

August 2, 2023

Food & Beverage

Exponent Private Equity agreed to acquire the Flavour Specialty Ingredients division (FSI) from International Flavors & Fragrances (IFF), a UK‑headquartered supplier of natural and aroma chemical base aromas. The carve‑out includes four manufacturing and distribution facilities across the UK, US and China, serves ~970+ clients and generates over $100 million in revenue; Exponent will back FSI to grow organically and via acquisitions.

Prodalim Acquires René Laurent from IFF

December 1, 2025

Food & Beverage

Prodalim, a global juice and specialty ingredients company based in Rotterdam, has acquired René Laurent, a century-old beverage flavours specialist based in the Grasse area of France, from International Flavours & Fragrances Inc. (IFF). The deal brings René Laurent into Prodalim's Beverage Compounds business unit to strengthen its flavour capabilities, in-house distillation and extraction expertise, and broaden its beverage solutions offering.

Bunge Acquires 49% Stake in BZ Group via Strategic Partnership

November 22, 2022

Food & Beverage

Bunge entered into a strategic partnership with BZ Group in which Bunge will acquire a 49% stake. The Beuzelin family will remain the majority shareholder with 51% ownership, subject to customary closing conditions and regulatory approval.

FrieslandCampina Completes Acquisition of Wisconsin Whey Protein

January 2, 2026

Food & Beverage

Royal FrieslandCampina N.V. has successfully closed its acquisition of Wisconsin Whey Protein, a US-based producer of whey protein isolates. The acquired business will be integrated into FrieslandCampina’s Ingredients group to expand whey protein capacity and extend FrieslandCampina’s presence in North America.

IFF Acquires Health Wright Products

February 16, 2022

Healthcare Services

IFF (International Flavors & Fragrances) entered into an agreement to acquire Health Wright Products, LLC, a dietary supplement formulation and capsule manufacturing provider. The deal is expected to close in the first quarter of 2022, subject to customary conditions and regulatory clearances, and financial terms were not disclosed.