IFF entered into an agreement with SuanNutra, a Carbyne Equity Partners portfolio company and global provider of science-backed branded and functional ingredients, to sell its portfolio of botanical extracts, vitamins and minerals, and food enhancement activities, including its range of natural colors and antioxidants and certain localized flavor activities in Peru.

The portfolio serves a broad range of food, beverage and nutritional end markets through a comprehensive selection of customized solutions.

"These businesses are highly respected, and we are confident they will continue to thrive under the ownership of SuanNutra and Carbyne," said Erik Fyrwald, CEO IFF. "This transaction is another step in optimizing our portfolio and reinforces our focus on our core innovation-led businesses — Taste, Scent and Health & Biosciences — where we see the greatest opportunities to drive long-term profitable growth and create value for our shareholders."

The transaction includes operations that generated revenues of approximately $170 million in 2025. Collectively, the activities included in the transaction employ about 600 people and operate across five manufacturing facilities in Europe, the United States and Latin America. Financial terms of the deal were not disclosed.

The companies expect to close the sale by the end of 2026, subject to customary closing conditions, including regulatory clearances and the satisfaction of applicable consultation requirements. Alantra acted as financial advisor to IFF and DLA Piper LLP acted as legal counsel.