CVC Capital Partners to Acquire IFF’s Food Ingredients Unit for $4.3 Billion
Private equity firm CVC Capital Partners has reached a definitive agreement to acquire the food ingredients business of International Flavors & Fragrances (IFF) for $4.3 billion, the companies announced this week. The transaction, expected to close in the first half of 2025, marks a significant strategic shift for the New York-based IFF as it seeks…