Investment Thesis
International Flavors & Fragrances supplies flavors, fragrances, and ingredients to consumer goods and pharmaceutical companies. Integration of legacy IFF and DuPont Nutrition assets plus innovation platforms drive long-term growth.
- Innovation Engine: Co-creation with CPGs for taste, scent, and texture solutions.
- Portfolio Mix: High-value health, biosciences, and pharma solutions complement legacy flavor/fragrance.
- Optimization Plan: Asset sales and cost programs delever the balance sheet.