M&A Deal Summary

IFF Acquires Leagel S.r.l.

On March 13, 2019, IFF acquired food company Leagel S.r.l.

Acquisition Highlights
  • This is IFF’s 3rd transaction in the Food sector.
  • This is IFF’s 1st transaction in San Marino.

M&A Deal Summary

Date 2019-03-13
Target Leagel S.r.l.
Sector Food
Buyer(s) IFF
Deal Type Add-on Acquisition

Target

Leagel S.r.l.

Chiesanuova, San Marino
Leagel S.r.l. is a producer of ice cream and gelato ingredients in Europe. Leagel S.r.l. is a family-owned company based in San Marino, Italy, Leagel specializes in artisanal taste, texture, and toppings sold directly to ice cream and gelato shops.

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Buyer(S) 1

Buyer

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 STATS #
Overall 10 of 12
Sector: Food M&A 3 of 4
Type: Add-on Acquisition M&A Deals 9 of 10
Country: San Marino M&A 1 of 1
Year: 2019 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-19 The Additive Advantage

North Reading, Massachusetts, United States

The Additive Advantage (TAA) is a company that develops novel technologies with diverse capabilities that span applications and industries. TAA has the expertise to develop the next-generation delivery systems technology platform that will enable the printing of flavors, fragrances, cosmetic and health & nutrition actives onto a variety of consumer products. The Additive Advantage was founded in 2006 by Salvatore Celeste and maintains a research laboratory, engineering facility and sales office in North Reading, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-15 DuPont Nutrition & Biosciences

Copenhagen, Denmark

DuPont Nutrition & Biosciences provides expert science to advance market-driven, healthy and sustainable solutions for the food, beverage, dietary supplement and pharmaceutical industries.

Buy -