Announced
Completed
Synopsis
IFF, an innovator of scent, taste, and nutrition, completed the acquisition of Speximo, a Swedish technology company focused on developing next generation stabilization and encapsulation products. Financial terms were not disclosed. "It is critical that in our quest for innovation, we find products and technologies that align with and support our purpose – to redefine and transform how we live in and care for the resources of our world. With Speximo’s focus on sustainability, this acquisition fills that need and helps us support our customers’ efforts and consumer desire for products with a greener profile," Nicolas Mirzayantz, IFF Scent Division CEO.
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