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FinanceCarbyne-backed SuanNutra to acquire specialty ingredients businesses from IFF
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SuanNutra, a Madrid-based group backed by private equity firm Carbyne, has announced its acquisition of specialty ingredients businesses from International Flavors & Fragrances (IFF). The acquired assets will be merged into an enlarged natural ingredients platform, expanding SuanNutra's manufacturing footprint across Spain, Slovenia, Peru, and the United States. This deal underscores Carbyne's strategy to consolidate the natural ingredients sector and enhance SuanNutra's global production capabilities. The transaction is expected to strengthen SuanNutra's position in the specialty ingredients market, leveraging IFF's established operations and customer base. Financial terms of the acquisition were not disclosed in the announcement.
Source report
The Madrid-based group will merge the acquired assets into an enlarged natural ingredients platform, with manufacturing operations spanning Spain, Slovenia, Peru, and the United States.
This article originally appeared on PE Hub.
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Carbyne-backed SuanNutra to acquire specialty ingredients businesses from IFF