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IFF Completes Divestiture of Nitrocellulose Business

BusinessWire_EN 
0 0 09.05.25
IFF Completes Divestiture of Nitrocellulose Business
 

IFF (NYSE: IFF) today announced that it has completed the divestiture of its nitrocellulose business, including Walsrode Industrial Park in lower Saxony, Germany, to Czechoslovak Group (CSG). The business manufactures nitrocellulose strictly for industrial purposes, serving customers primarily in coatings and printing inks, and had been part of IFF’s Pharma Solutions business unit.

“The divestiture of our nitrocellulose business builds upon our deleveraging journey and enables us to focus on our core businesses,” said Erik Fyrwald, IFF CEO. “I’d like to thank our nitrocellulose colleagues for their dedication and wish them continued success as part of CSG.”

Welcome to IFF
At IFF (NYSE: IFF), we make joy through science, creativity and heart. As the global leader in flavors, fragrances, food ingredients, health and biosciences, we deliver groundbreaking, sustainable innovations that elevate everyday products—advancing wellness, delighting the senses and enhancing the human experience. Learn more at iff.com, LinkedIn, Instagram and Facebook.

© 2025 by International Flavors Fragrances Inc. IFF is a Registered Trademark. All Rights Reserved.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250508350625/en/

International Flavors & Fragrances Inc. Stock

€64.48
5.260%
A very strong showing by International Flavors & Fragrances Inc. today, with an increase of €3.22 (5.260%) compared to yesterday's price.
The stock is an absolute favorite of our community with 28 Buy predictions and no Sell predictions.
With a target price of 74 € there is a slightly positive potential of 14.76% for International Flavors & Fragrances Inc. compared to the current price of 64.48 €.
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