NEW YORK — International Flavors and Fragrances (IFF) plans to acquire natural ingredients firm Frutarom for $7.1 billion, the company announced this week, in its goal of becoming the world’s top natural ingredient and flavor supplier. “Frutarom has had a fascinating journey of accelerated growth,” said Ori Yehudai, Frutarom president...
Expanding on its strategy to deliver natural products, Swiss company Givaudan — global leader in the creation of flavors and fragrances — agreed to acquire 40.6% of the shares of plant-based ingredient manufacturer Naturex, for a premium price of $1.6 billion. The valuation is unusually high for the health-care and...
