IFF Sells Its Food Ingredients Unit for $4.3B

The IFF food ingredients sale to CVC Capital Partners signals a major strategic pivot for one of the industry's largest ingredient suppliers.

The IFF food ingredients sale to CVC Capital Partners signals a major strategic pivot for one of the industry's largest ingredient suppliers.

Chobani's commercial growth chief signals M&A or innovation could drive dairy expansion, as the protein-forward brand admits it hasn't cracked every category yet.