What is the sale price and buyer for IFF's food ingredients business, and how does that valuation compare to the business's 2025 revenue?

IFF has agreed to sell its food ingredients business to private equity firm CVC Capital Partners for $4.3 billion; the business generated about $3.1 billion in revenue in 2025, resulting in a valuation of approximately 10 times (x) that revenue.

Which company is acquiring IFF's food ingredients business, and where is it headquartered?

CVC Capital Partners, a private equity firm headquartered in New York, is acquiring IFF's food ingredients business.

IFF to sell food ingredients business to private equity for $4.3 billion

May 30, 2026

International Flavors & Fragrances Inc. agreed to sell its food ingredients division to CVC Capital Partners for $4.3 billion. The unit generated approximately $3.1 billion in revenue in 2025.

chemweek

IFF to sell food ingredients business to private equity for $4.3 billion

chemweek

2026-05-30

IFF to sell food ingredients business to private equity for $4.3 billion

IFF to sell food ingredients business to private equity for $4.3 billion

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