SuanNutra acquires IFF's specialty natural ingredients businesses to broaden its functional ingredients portfolio
Executive summary: SuanNutra signed an agreement to acquire a portfolio of specialty natural ingredients businesses from IFF. The acquisition expands SuanNutra's product portfolio and scale in the natural ingredients sector, enhancing its competitive position.
Who is involved: SuanNutra (backed by Carbyne Equity Partners) and IFF.
Likely next: The parties will proceed toward closing the transaction, subject to customary regulatory approvals and closing conditions.
SuanNutra, a portfolio company of Carbyne Equity Partners, has agreed to purchase a portfolio of specialty natural ingredients businesses from IFF. The transaction adds IFF's natural ingredients capabilities to SuanNutra's existing range of science-backed branded and functional ingredients. This move strengthens SuanNutra's position in the global specialty natural ingredients market and expands its product offerings.
Timeline
- — SuanNutra, a Carbyne Equity Partners Portfolio Company, Expands Product Portfolio with Specialty Natural Ingredients Businesses from IFF (PR Newswire)