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Slide #28. International Flavors & Fragrances Inc. — Aromor Flavors and Fragrances Ltd.
Acquirer:
International Flavors & Fragrances Inc. (NYSE:IFF)
Acquiree:
Aromor Flavors and Fragrances Ltd.
Details:
International Flavors & Fragrances Inc. (NYSE:IFF), a leading global creator of flavors and fragrances for consumer products, today announced that it has completed the acquisition of Aromor Flavors and Fragrances Ltd., a privately held manufacturer and marketer of complex specialty ingredients that are used in fragrances and flavors.
International Flavors & Fragrances is a creator and manufacturer of food, beverage, health and biosciences, scent and pharma solutions and complementary adjacent products. Co.'s business segments are: Nourish, which comprises food ingredients, flavor compounds, and savory solutions and inclusions; Health and Biosciences, which comprises a portfolio of enzymes, food cultures, probiotics and other ingredients for food, home and personal care, and health and wellness applications; Scent, which creates fragrance compounds, fragrance ingredients and cosmetic ingredients and personal care products; and Pharma Solutions, which produces cellulosics and seaweed-based pharma excipients.
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Hold (2.42 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: IFF Stock Forecast Based on Zacks ABR data; powered by Xignite |