Frutarom

International Flavors & Fragrances acquired Frutarom, a flavor and fine ingredients company, for $1.6 billion in sales / $7.1 billion enterprise value.

Frutarom completed the purchase of 51% of the shares of Brazilian savoury solutions producer Bremil for approximately $30 million. The deal includes an option to buy the remaining shares after five years.

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.