Flavors & fragrances giant IFF strikes deal to acquire Henry H. Ottens Manufacturing Co

- Last updated on GMT

IFF strikes deal to acquire Ottens Flavors

Related tags: Flavor, Iff

New York based International Flavors & Fragrances (IFF) has struck a deal to acquire privately-held flavor firm Henry H. Ottens Manufacturing Co in Philadelphia, PA, for an undisclosed sum. 

Ottens Flavors’​ customer base includes a strong portfolio of key US-based accounts, which complements IFF’s portfolio, said IFF Chairman and CEO Andreas Fibig.

“This acquisition is an exciting one as it’s the first step in our redefined strategy to win where we compete.  IFF and Ottens Flavors share rich histories, world-class capabilities, and a strong commitment to innovation.”

The transaction, which is expected to close in the second quarter of 2015, is expected to add approximately $60m in revenue on an annualized basis.

Related news

Related products

show more

Sustainably sourced. Naturally versatile.

Sustainably sourced. Naturally versatile.

DuPont Tate & Lyle | 13-Apr-2021 | Insight Guide

Zemea® USP-FCC propanediol is a 100% plant-based alternative to petroleum-based glycols. Used as a flavor carrier, processing aid and humectant, this ingredient...

We bring energy drinks to life

We bring energy drinks to life

Döhler – Natural Food & Beverage Ingredients | 23-Mar-2021 | Technical / White Paper

Be it for unique, full taste experiences, for a classic or for an innovative taste – create energy drinks that make the difference! Doehler offers natural...

8 Signs QuickBooks Is Holding Your Business Back

8 Signs QuickBooks Is Holding Your Business Back

Oracle NetSuite | 17-Mar-2021 | Technical / White Paper

QuickBooks was designed only to automate a handful of core accounting functions—not to manage your entire business. Is it time to consider other options?

Related suppliers

Follow us


View more