IFF Acquires Health Wright Products

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.

Roquette To Acquire IFF Pharma Solutions in Up to $2.85 Billion Deal

March 20, 2024

Pharmaceuticals

IFF has entered into a definitive agreement to sell its Pharma Solutions business unit to Roquette for an enterprise value of up to $2.85 billion. The transaction is expected to close in the first half of 2025, subject to customary closing conditions and regulatory approvals.

PAI Partners Acquires Savory Solutions Group from IFF

December 20, 2022

Food & Beverage

PAI Partners has agreed to acquire Savory Solutions Group from International Flavors & Fragrances (IFF). Savory Solutions Group is a global provider of savoury ingredients and blends (notably the Wiberg and Piasa brands), operating 17 manufacturing facilities and nine innovation sites with over 1,800 employees and ~€470 million turnover; PAI plans to accelerate international expansion in Europe and North America and pursue growth in plant‑based and clean‑label segments.

Phoenix Flavors and Fragrances Acquires Innovative Fragrances Inc.

April 18, 2022

Consumer Products

Phoenix Flavors and Fragrances has acquired Innovative Fragrances Inc., an Atlanta-area developer and compounder of fragrance compounds serving home fragrance, personal care, candles and air freshener markets. The deal expands Phoenix's geographic footprint in the Southeast United States and strengthens its perfumery, regulatory and technical capabilities.

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

March 5, 2026

Food & Beverage

Bunge has completed its acquisition of the soy protein concentrate, lecithin, and soy crush businesses from International Flavors & Fragrances (IFF). The deal expands Bunge’s ingredients portfolio with branded soy protein concentrates and lecithins, supporting broader, more resilient ingredient solutions for food and beverage manufacturers.

Westcap Invests in Fit Foods LP

February 4, 2026

Food & Beverage

Westcap Mgt. Ltd. has completed an investment in Fit Foods LP through Westcap MBO III Investment LP. Fit Foods is a Canadian-based manufacturer and distributor of sports nutrition and healthy-living supplements sold globally through a large distribution network.