On the Record · International Flavors & Fragrances
International Flavors & Fragrances acquisitions, on the record
The businesses International Flavors & Fragrances bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Cosmetic Ingredients businessWord for word“During the fourth quarter of 2023, we entered into an agreement to sell our Cosmetic Ingredients business and expect the divestiture to be completed in the first quarter of 2024.” 10-K for 2023 | agreed divestiture | first quarter of 2024 | — |
portion of the Savory Solutions businessWord for word“During the fourth quarter of 2022, we announced our entry into an agreement to sell a portion of the Savory Solutions business and completed the divestiture on May 31, 2023.” 10-K for 2023 | divestiture | May 31, 2023 | — |
Flavor Specialty Ingredients businessWord for word“During the fourth quarter of 2022, we announced our entry into an agreement to sell our Flavor Specialty Ingredients business and completed the divestiture on August 1, 2023.” 10-K for 2023 | divestiture | August 1, 2023 | — |
Microbial Control businessWord for word“For instance, during the third quarter of 2022, the second quarter of 2023 and the third quarter of 2023, we completed divestitures of our Microbial Control business, a portion of the Savory Solutions business and our Flavor Specialty Ingredients business, respectively.” 10-K for 2023 | divestiture | third quarter of 2022 | — |
Health Wright Products, Inc.Word for word“The decrease in amortization expense was offset in part by the impact of acquisitions of intangible assets from Health Wright Products, Inc.” 10-K for 2023 | acquisition | — | — |
N&B BusinessWord for word“On February 1, 2021, one of our wholly owned subsidiaries merged with and into the N&B Business (the “Merger”), pursuant to a Merger Agreement with DuPont.” 10-K for 2023 | merger | February 1, 2021 | — |
Frutarom Industries Ltd.Word for word“With our acquisition of Frutarom in 2018 and the N&B Transaction, each of which also had a significant presence in emerging markets, our business in these markets has meaningfully grown.” 10-K for 2023 | acquisition | in 2018 | — |
a portion of the Savory Solutions businessWord for word“During the fourth quarter of 2022, we announced our entry into an agreement to sell a portion of the Savory Solutions business and completed the divestiture on May 31, 2023.” 10-K for 2024 | divestiture | May 31, 2023 | — |
Pharma Solutions business disposal groupWord for word“Additionally, during March 2024 and October 2024, we entered into agreements for the sale of our Pharma Solutions business disposal group and our nitrocellulose business, respectively, which are each expected to close in the second quarter of 2025.” 10-K for 2024 | agreed divestiture | March 2024 | — |
nitrocellulose businessWord for word“Additionally, during March 2024 and October 2024, we entered into agreements for the sale of our Pharma Solutions business disposal group and our nitrocellulose business, respectively, which are each expected to close in the second quarter of 2025.” 10-K for 2024 | agreed divestiture | October 2024 | — |
Flavors and Essences UK businessWord for word“For instance, during the second and third quarter of 2024, we completed divestitures of our Cosmetic Ingredients business and our Flavors and Essences UK business, respectively.” 10-K for 2024 | divestiture | third quarter of 2024 | — |
Sonarome businessWord for word“Comparable portfolio results exclude the impact of the divestitures of the portion of the Savory Solutions business, Sonarome business and F&E UK business with an impact of approximately $244 million.” 10-K for 2024 | divestiture | — | — |
FrutaromWord for word“As a result of our acquisition of Frutarom and the N&B Transaction, the number of our customers significantly increased and became more diverse.” 10-K for 2024 | acquisition | — | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2016-12-31 | $236.8 million | — | $67.5 million |
| 2017-12-31 | $192.3 million | — | $87.9 million |
| 2018-12-31 | $4.86 billion | — | $4.25 billion |
| 2019-12-31 | $49 million | $0 | $98.4 million |
| 2020-12-31 | $0 | $0 | — |
| 2021-12-31 | $0 | $115 million | $11.82 billion |
| 2022-12-31 | $110 million | $1.17 billion | $45 million |
| 2023-12-31 | $0 | $1.05 billion | — |
| 2024-12-31 | $0 | — | — |
Deal filings since 2016
- 2026-06-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2026-06-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-09-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-03-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-02-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-08-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-02-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-07-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-03-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-03-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-02-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-02-04 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2020-08-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-05-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-01-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-12-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-10-04 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2018-09-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-09-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-09-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-08-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-06-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-05-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-05-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-05-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-12-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-03-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-03-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from International Flavors & Fragrances’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-27. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.