Announced
Financials
Sources
Tags
France
Switzerland
Pending
Private
Private Equity
fruit processing
Acquisition
Cross Border
Germany
Fruit and Grain Processing
Friendly
Single Bidder
Majority
Synopsis
Ardian-backed Frulact, a producer of added valued ingredients for the food and beverage industry, agreed to acquire the fruit preparation business of IFF, a global creator of flavors and fragrances for consumer products. Financial terms were not disclosed. The divestiture is expected to close in the third quarter 2021, pending customary closing conditions, including regulatory approvals.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.