IFF - Best-Owner Mindset - IFF Divests Cosmetic Ingredients Business To Swiss Chemical Company Clariant For $810M | Benzinga
International Flavors & Fragrances Inc (NYSE: IFF) said specialty chemical company Clariant AG (OTC: CLZNF) has agreed to acquire its Cosmetic Ingredients business unit for $810 million.
With about 195 employees, IFF's Cosmetic Ingredients business unit has more than 2,900 customers in over 80 countries and generated approximately $100 million in revenue in the last 12 ...