Bunge to acquire the soy crush, concentrates, and lecithin business of IFF.

Bunge, a global agribusiness and food company, agreed to acquire the soy crush, concentrates, and lecithin business of IFF, an American corporation that creates products across taste, texture, scent, nutrition, enzymes, cultures, soy proteins, and probiotics categories. Financial terms were not disclosed. The sale aligns with IFF’s strategy to strengthen its portfolio and supports the ongoing evaluation of strategic alternatives for its Food Ingredients segment, with a focus on maximizing shareholder value. Financial terms of the deal have not been disclosed.