International Flavors (IFF) Inks Deal to Sell Pharma Solutions [Yahoo! Finance]
International Flavors & Fragrances, Inc. (IFF)
Last international flavors & fragrances, inc. earnings: 2/12 04:15 pm
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US:NYSE Investor Relations:
ir.iff.com
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Source: Yahoo! Finance
France-based Roquette specializes in plant-based ingredients. IFF's Pharma Solutions business is a well-established developer and manufacturer of pharmaceutical excipients and includes its Global Specialty Solutions business, which supports industrial and methyl cellulosic food applications. The unit operates 10 research and development, and production sites across the globe, employing around 1100 people. It generated revenues of around $1 billion in 2023. The deal is expected to close in the first half of 2025, subject to customary closing conditions. This move aligns with International Flavors' strategy to optimize its portfolio. In December 2022, the company had announced a new strategic and financial vision, which among other things, consisted of a renewed growth-focus strategy, enhanced cost & productivity initiatives, and a redesigned operating model. International Flavors intends to transform its operating model into a more customer-centric and market-backed one. It will
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IFF
News
- IFF Declares Dividend for Second Quarter 2024Business Wire
- What's in Store for International Flavors' (IFF) Q1 Earnings? [Yahoo! Finance]Yahoo! Finance
- International Flavors (IFF) Expected to Beat Earnings Estimates: Should You Buy? [Yahoo! Finance]Yahoo! Finance
- IFF to Showcase Science-backed Low Nitrite Excipients at Excipient World 2024 [Yahoo! Finance]Yahoo! Finance
- IFF to Showcase Science-backed Low Nitrite Excipients at Excipient World 2024PR Newswire
IFF
Earnings
- 2/20/24 - Miss
IFF
Sec Filings
- 4/9/24 - Form 3
- 4/9/24 - Form 4
- 4/9/24 - Form 4
- IFF's page on the SEC website