Despite a challenging market environment, IFF maintained its full-year guidance.
The acquisition involves only the facility itself; it does not include any of IFF’s commercial business, product lines, or employees.
The launch responds to mounting pressure on U.S. bakeries to meet rising consumer demands for longer-lasting freshness without compromising quality.
The acquisition aligns with Bunge’s strategy to deepen its presence in the food, feed, and biofuel sectors.
This growth was driven mainly by key segments such as Food ingredients, Taste and Health & Biosciences.