The acquisition involves only the facility itself; it does not include any of IFF’s commercial business, product lines, or employees.
Flowers Foods delivered modest revenue growth in Q3 2025, supported by acquisitions, but faced profitability pressures amid consumer challenges and higher interest costs.
The transactions are part of a divestiture commitment Bunge made with the government of Canada to receive regulatory approval for its merger with Viterra.
The deal, signed on November 4, covers the construction of factory buildings, warehouses, and supporting infrastructure for the project.
The project leverages the Trailblazer pipeline of Tallgrass, a leading energy infrastructure company, to transport captured carbon dioxide (CO2) from its ethanol plant.