NEW YORK--(BUSINESS WIRE)--Jul. 23, 2015--
Regulatory News:
International Flavors & Fragrances Inc. (NYSE:IFF) (Euronext Paris:IFF),
a leading global creator of flavors and fragrances for consumer
products, today announced that Lucas Meyer Cosmetics, a business of
Unipex Group, has accepted IFF’s previously announced binding offer to
acquire Lucas Meyer Cosmetics and has entered into a binding purchase
agreement. The acquisition is expected to close in the third quarter of
2015.
Lucas Meyer Cosmetics is headquartered in Quebec City, Canada, with
operations in France and Australia. Lucas Meyer Cosmetics develops,
manufactures and markets innovative ingredients for the cosmetics and
personal care industry, offering proprietary active ingredients,
functional ingredients and delivery systems that address health and
wellness macro-trends in the beauty industry in both the developed and
emerging markets.
About IFF
International Flavors & Fragrances Inc. (NYSE: IFF) (Euronext Paris:IFF)
is a leading global creator 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
leverages its competitive advantages of consumer insight, research and
development, creative expertise and customer intimacy to provide
customers with innovative and differentiated product offerings. A member
of the S&P 500 Index, IFF has more than 6,200 employees working in 32
countries worldwide. For more information, please visit our website at www.iff.com;
follow us on Twitter
and LinkedIn.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements concerning IFF’s
expectations regarding the timing of the closing of the Lucas Meyer
acquisition. These expectations are subject to risks customarily
associated with acquisitions, including the ability and willingness of
each of the parties to fulfill the conditions to the transaction.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150723006572/en/
Source: International Flavors & Fragrances Inc.
IFF
Michael DeVeau
VP, Global Corporate Communications &
Investor Relations
212-708-7164
or
Denise Gillen
Manager,
Fragrances Communications
212-515-7308
