IFF Enters Into Agreement to Sell Its Food Ingredients Business to CVC
IFF has agreed to sell its Food Ingredients business to CVC Capital Partners for approximately $4.3 billion in enterprise value, marking a major step in its portfolio transformation strategy. The deal values the business at a 10x EBITDA multiple. IFF will retain a 10% minority stake worth roughly $200 million, allowing it to participate in future upside while receiving approximately $3.8 billion in net cash proceeds. The divestiture sharpens IFF’s focus on its higher-growth Taste, Scent, and Health & Biosciences segments.
Key figures
- Deal Value Usd
- 4300000000
- Net proceeds
- 3800000000
- Ev ebitda multiple
- 10x
- Minority stake pct
- 10%
- Minority stake value
- 200000000
- Divested business ebitda
- 430000000
- Divested business revenue
- 3100000000
- Fy2026 sales guidance low
- 10500000000
- Fy2026 ebitda guidance low
- 2050000000
- Fy2026 sales guidance high
- 10800000000
- Fy2026 ebitda guidance high
- 2150000000
- Total divestiture proceeds historical
- 10000000000
AI analysis
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