Divestiture • Chemicals

CSG Acquires IFF - Nitrocellulose Business

On May 9, 2025, CSG acquired chemicals company IFF - Nitrocellulose Business from IFF

Acquisition Context
  • This is CSG’s 1st transaction in the Chemicals sector.
  • This is CSG’s 3rd transaction in the United States.
  • This is CSG’s 1st transaction in New York.

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M&A Deal Summary

Date May 9, 2025
Target IFF - Nitrocellulose Business
Sector Chemicals
Buyer(s) CSG
Sellers(s) IFF
Deal Type Divestiture

Target Company

IFF - Nitrocellulose Business

New York, New York, United States
IFF's Nitrocellulose Business manufactures nitrocellulose strictly for industrial purposes, serving customers primarily in coatings and printing inks. IFF's Nitrocellulose Business is based in New York, New York.
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Buyer Overview 1

Buyer

CSG

Prague, Czech Republic

Category Company
Sector Diversified
DESCRIPTION

CSG is a diversified industrial group active in five strategic business segments, aerospace, defense, automotive, railways and business projects, where it operates at a global level. CSG is based in Prague, Czech Republic.


Deal Context for Buyer #
Overall 4 of 4
Sector: Chemicals 1 of 1
Type: Divestiture 2 of 2
State: New York 1 of 1
Country: United States 3 of 3
Year: 2025 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-24 Kinetic Group

Anoka, Minnesota, United States

Kinetic Group is products business, which contains the bike-related brands Giro, Bell, Blackburn, QuietKat, Fox Racing and CamelBak. Kinetic Group is based in Anoka, Minnesota.

Buy $2.2B

Seller Profile 1

SELLER

IFF

New York, New York, United States

Category Company
Founded 1909
Sector Chemicals
Employees22,400
Revenue 11.5B USD (2024)
DESCRIPTION

IFF is a provider of flavors and fragrances used in a wide variety of consumer products. Consumers experience these unique scents and tastes in fine fragrances and beauty care, detergents, and household goods, as well as beverages, sweet goods, and food products. IFF was founded in 1909 and is based in New York, New York.


Deal Context for Seller #
Overall 8 of 10
Sector: Chemicals 7 of 8
Type: Divestiture 7 of 9
State: New York 4 of 4
Country: United States 4 of 5
Year: 2025 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-03 Flavors and Essences

Blackburn, United Kingdom

Flavors and Essences specializes in the development, production and marketing of flavor extracts for a variety of products. Flavors and Essences is based in Blackburn, United Kingdom.

Sell £22M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-11-06 IFF - Illinois facility

Thomson, Illinois, United States

IFF's Illinois facility was developed to produce naturally derived ingredients such as citric acid, mineral salts, texturants, and acidulants. IFF's Illinois facility is based in Thomson, Illinois.

Sell -