Exponent Acquires IFF's Flavour Specialty Ingredients (FSI) Business
August 2, 2023
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.
- Buyers
- Exponent Private Equity LLP
- Targets
- Flavour Specialty Ingredients (FSI)
- Sellers
- International Flavors & Fragrances (IFF)
- Industry
- Food & Beverage
- Location
- England, United Kingdom
- Transaction Type
- Buyout
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