Divestiture • Chemicals

Jungbunzlauer Acquires IFF - Illinois facility

On November 6, 2025, Jungbunzlauer acquired chemicals company IFF - Illinois facility from IFF

Acquisition Context
  • This is Jungbunzlauer’s 1st transaction in the Chemicals sector.
  • This is Jungbunzlauer’s 1st transaction in the United States.
  • This is Jungbunzlauer’s 1st transaction in Illinois.

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M&A Deal Summary

Date November 6, 2025
Target IFF - Illinois facility
Sector Chemicals
Buyer(s) Jungbunzlauer
Sellers(s) IFF
Deal Type Divestiture

Target Company

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.
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Buyer Overview 1

Buyer

Jungbunzlauer

Basel, Switzerland

Category Company
Founded 1867
Sector Chemicals
DESCRIPTION

Jungbunzlauer produces bio-based ingredients for the food, beverage, pharmaceutical, personal care, and industrial sectors. Jungbunzlauer manufactures products such as citric acid, gluconates, lactics, minerals, and sweeteners derived from natural fermentation processes. Jungbunzlauer was founded in 1867 and is headquartered in Basel, Switzerland.


Deal Context for Buyer #
Overall 1 of 1
Sector: Chemicals 1 of 1
Type: Divestiture 1 of 1
State: Illinois 1 of 1
Country: United States 1 of 1
Year: 2025 1 of 1

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 9 of 10
Sector: Chemicals 8 of 8
Type: Divestiture 8 of 9
State: Illinois 1 of 1
Country: United States 5 of 5
Year: 2025 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-05-09 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.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-12-01 René Laurent

Nice, France

René Laurent is a beverage flavours company that develops, produces, and markets flavors and natural extracts. René Laurent is based in Nice, France.

Sell -