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IFF-Lucas Meyer Cosmetics has acquired Speximo AB, a Swedish technology company specializing in stabilization and encapsulation for personal-care and cosmetics products. The acquisition aims to enhance IFF's sustainable ingredient offerings.
International Flavors & Fragrances acquired Frutarom, a flavor and fine ingredients company, for $1.6 billion in sales / $7.1 billion enterprise value.
International Flavors & Fragrances (IFF) has entered into a definitive agreement to acquire Frutarom in a cash and stock transaction valued at approximately $7.1 billion, including the assumption of Frutarom's net debt.