---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-249963"
form_type: "8-K"
ticker: "IFF"
cik: "0000051253"
company_name: "INTERNATIONAL FLAVORS & FRAGRANCES INC"
filed_at: "2026-06-01T13:00:02+00:00"
generated_at: "2026-06-01T13:01:17.609361+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# IFF sells Food Ingredients business to CVC for $4.3B, retains ~10% stake

## Summary
- Transaction values Food Ingredients at ~$4.3B (~10x EBITDA); net cash proceeds ~$3.8B.
- IFF retains ~10% equity interest (~$200M) and a board seat in the new company.
- Divested business generated ~$3.1B sales and ~$430M EBITDA in 2025.
- Proceeds prioritized for debt reduction, share repurchases, and reinvestment.
- Deal expected to close by end of Q2 2027; IFF reiterates FY 2026 guidance ($10.5B-$10.8B sales, $2.05B-$2.15B adj. EBITDA).

## SEC filing metadata
- accession: 0001193125-26-249963
- form_type: 8-K
- ticker: IFF
- cik: 0000051253
- company_name: INTERNATIONAL FLAVORS & FRAGRANCES INC
- filed_at: 2026-06-01T13:00:02+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/51253/000119312526249963/0001193125-26-249963-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/51253/000119312526249963/d118591d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-249963
- JSON: https://secwatch.observer/filing/0001193125-26-249963.json
- Plain text: https://secwatch.observer/filing/0001193125-26-249963.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.