International Flavors & Fragrances

IFF

Market cap $19.4B

International Flavors & Fragrances Inc. (NYSE:IFF) shares are slightly down on Friday. The company is advancing its portfolio transformation with the sale of its Food Ingredients business to CVC for about $4.3 billion.

NEW YORK--(BUSINESS WIRE)--IFF (NYSE: IFF), a global leader in flavors, fragrances, food ingredients, and health and biosciences, today announced that it has entered into an agreement to sell its Food Ingredients business to funds advised by CVC Capital Partners, a leading global private markets manager, in a transaction that values the business at approximately $4.3 billion, representing an enterprise value-to-EBITDA multiple of approximately 10x. As part of the transaction, IFF has chosen to.

A sale of IFF's largest division would be the company's latest move to boost profitability.

GRASSE, France--(BUSINESS WIRE)--LMR Naturals by IFF—a global leader in natural ingredients for perfumery, cosmetics and flavors—today inaugurated its new experimental field, Domaine des Naturels LMR. The field is dedicated to advancing research in natural ingredients, preserving Grasse's agricultural heritage and expanding education in naturals. The inauguration, attended by Grasse Mayor Jérôme Viaud, a long-standing supporter of the perfume industry, underscores IFF and LMR's ongoing commitme.

International Flavors eyes long-term growth through portfolio streamlining, emerging market demand and disciplined capital allocation strategies.

Explore how International Flavors' (IFF) revenue from international markets is changing and the resulting impact on Wall Street's predictions and the stock's prospects.

NEW YORK--(BUSINESS WIRE)--IFF (NYSE: IFF)—a global leader in flavors, fragrances, food ingredients, health & bioscience—today announced the opening of its Vanilla Innovation Center in Madagascar, reinforcing vanilla as a strategic and priority tonality for IFF and strengthening its ability to innovate at origin. “The opening of the center marks an important step in how we approach vanilla innovation,” said Adam Jańczuk, Ph.D., senior vice president, research, creation and design, Taste, IF.

International Flavors & Fragrances NYSE: IFF reported a stronger-than-expected start to 2026, with first-quarter sales growth across all business segments, higher adjusted profitability and improved free cash flow, while management reaffirmed its full-year guidance despite macroeconomic uncertainty tied in part to the Middle East conflict.

GRASSE, France--(BUSINESS WIRE)--LMR Naturals by IFF — a global leader in natural ingredients for perfumery, cosmetics and flavors — will debut its latest innovations at the International Exhibition of Raw Materials for Perfumery (SIMPPAR), May 26–27 in Grasse. During the industry event, IFF will unveil new additions to its LMR Hearts collection, highlighting its naturals expertise and pioneering science. “Responsible innovation has always been central to LMR,” said Bertrand de Préville, genera.

International Flavors & Fragrances Inc. (IFF) Q1 2026 Earnings Call Transcript