IFF merges with DuPont to create a $45 billion giant
20 December 2019
DuPont () is creating a new $45.4 billion consumer goods giant by merging its food and nutrition business with International Flavors & Fragrances.
“We conducted a very thorough process leading us to the selection of IFF as the preferred strategic partner,” Ed Breen, DuPont’s executive chairman, said in the statement Sunday. “I am confident that [the nutrition unit] will be well-positioned for its next phase of growth.”
Published by CNN on December 16, 2019
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