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 project leverages the Trailblazer pipeline of Tallgrass, a leading energy infrastructure company, to transport captured carbon dioxide (CO2) from its ethanol plant.
Earnings in the Agriculture segment fell by US$97 million to US$245.7 million, reflecting pressure from “unfavorable global market dynamics.”
Alejandro Rodríguez Bas succeeds Rafael Pamias Romero, who stepped down to address personal and health matters.