IFF Completes Acquisition of Fragrance Resources
NEW YORK–(BUSINESS WIRE)–$IFF–Regulatory News:
International Flavors & Fragrances Inc. (NYSE:IFF) (Euronext Paris:IFF),
a leading innovator of sensory experiences that move the world, today
announced that it has successfully completed the previously announced
acquisition of Fragrance Resources. Financial terms of the transaction
were not disclosed.
Founded in 1987, Fragrance Resources is a privately-held, family-owned
fragrance company. For almost 30 years, it has distinguished itself with
exceptional creative talent and quality service to faster-growing
regional customers. It is also a key player in specialty fine fragrances
– an important growth category. The addition of this company is intended
to help strengthen IFF’s position in strategic areas and further
penetrate the critical and accelerating regional customer base that it
sees as the engine of growth.
Meet IFF
International Flavors & Fragrances Inc. (NYSE:IFF) (Euronext Paris:IFF)
is a leading innovator of sensorial experiences that move the world. At
the heart of our company, we are fueled by a sense of discovery,
constantly asking “what if?”. That passion for exploration drives us to
co-create unique products that consumers taste, smell, or feel in fine
fragrances and beauty, detergents and household goods, as well as
beloved foods and beverages. Our 6,700 team members globally take
advantage of leading consumer insights, research and development,
creative expertise, and customer intimacy to develop differentiated
offerings for consumer products. Learn more at www.iff.com, Twitter,
Facebook,
Instagram,
and LinkedIn.
Contacts
International Flavors & Fragrances Inc.
Michael DeVeau,
212-708-7164
VP, Global Corporate Communications & Investor
Relations
Michael.DeVeau@iff.com
