International Flavors (IFF) Sells Cosmetics Ingredients Business
International Flavors & Fragrances(IFF) Zacks Investment Research·2024-04-04 02:11
International Flavors & Fragrances (IFF) revealed that it completed the previously announced sale of its Cosmetic Ingredients business to Clariant. The Cosmetic Ingredients unit includes the Lucas Meyers Cosmetics and IBR brands and operates six research and development, and production sites globally.This marks another step in the company’s ongoing efforts to optimize and streamline its portfolio to drive simplification and growth. In December 2022, the company announced a new strategic and financial visio ...