Mergers & Acquisitions ·
International Flavors & Fragrances Inc. filed a Current Report to recast its unaudited financial results for periods…
IFFInternational Flavors & Fragrances Inc
International Flavors & Fragrances Inc. filed a Current Report to recast its unaudited financial results for periods ending March 31, 2026, and prior quarters, classifying the Food Ingredients business and the Soy Crush, Concentrates, and Lecithin (SCL) business as discontinued operations. The Food Ingredients disposal group was sold to CVC Capital Partners in a transaction announced May 29, 2026, with closing expected by the end of Q2 2027; IFF retains an approximate 10% minority equity interest. This divestiture, combined with the SCL sale completed March 2, 2026, represents a strategic shift meeting held-for-sale criteria. The filing provides recast segment data for Taste, Scent, Health & Biosciences, and Pharma Solutions to reflect these separations. International Flavors & Fragrances Inc. operates in the specialty ingredients industry, creating flavors, fragrances, and biosolutions.