IFF Merges With DuPont’s Nutrition & Biosciences Business

Combined company to operate under the name of IFF

The previously announced merger of IFF and DuPont’s Nutrition & Biosciences will be completed. The combined company will continue to operate under the name IFF. The combined company’s global reach and enhanced capabilities will enable the creation of innovative solutions to respond to customer demands and increasing consumer preferences for natural, healthier and “better for you” products.

 

Best in class R&D

With best-in-class R&D capabilities, a diverse portfolio of unique products and solutions and a unified team comprising exceptional talent from both organizations, the new IFF will be a customer-focused leader with an enhanced ability to deliver long-term value while upholding its commitment to safe, sustainable practices and products.

A New Global Industry Leader

The combination of IFF and Du Pont N&B creates a global leader in high-value ingredients and solutions for the Food & Beverage, Home & Personal Care and Health & Wellness markets, with estimated 2020 pro forma revenue of more than $11 billion and EBITDA of approximately $2.5 billion, excluding synergies. The complementary portfolios give the company leadership positions within the Taste, Texture, Scent, Nutrition, Enzymes, Cultures, Soy Proteins and Probiotics ingredient categories.

 

Geplaatst in Biobased Economy, Food Ingredients, Protein Transition, Sirius Consultancy International, White Biotechnology en getagd met , , , , , , , .

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