Behind IFF’s $26 Billion Wellness Bet

Behind IFF’s $26 Billion Wellness Bet

16/12/2019

International Flavors & Fragrances Inc.’s merger with DuPont’s Nutrition and Biosciences business — valued at $26.2 billion — might just be the largest wellness-oriented transaction, ever.

The deal creates an ingredient supplier expected to have $11 billion in annual revenues, valued at $45.4 billion, that will work across the food and beverage, cosmetics and personal-care, and health and wellness industries.

Source: Read Full Article