IFF and DuPont’s Nutrition &
Biosciences Business Are Combining
Creating a New Global High-Value Ingredients and Solutions Partner for Our Customers
IFF and DuPont’s Nutrition & Biosciences are combining to create a global leader in high-value ingredients and solutions, for global Food & Beverage, Home & Personal Care and Health & Wellness end markets. The combination of these iconic businesses will redefine the industry by providing high-quality products, innovative solutions and partnership with customers to deliver growth. Together, the complementary portfolios will give the combined company leadership positions across key Taste, Texture, Scent, Nutrition, Enzymes, Cultures, Soy Proteins and Probiotics categories. The combined company’s global reach and unique set of capabilities will enable the creation of innovative solutions to respond to customer demands and increasing consumer preferences for natural, healthier, and “better for you” products.
IFF and DuPont N&B - The New Purpose, Vision, Operating Model
and Executive Committee for the Future Combined Company
IFF and DuPont Nutrition & Biosciences have announced the new purpose, vision, operating model and executive committee for the combined company, to take effect upon the completion of their previously announced merger, capturing the core strengths of our respective organizations to unify our team toward one shared goal. Together, IFF and N&B leverage our expertise to create the industry’s first truly integrated solutions and change our communities, and our world, for the better.
Applying science and creativity for a better world
This shared purpose will inspire us to continue to push past traditional industry boundaries. We will be a force for a better and more sustainable future and are committed to doing more good for our people, customers and communities. We intend to shape the future of our industry with leading-edge solutions at the intersection of science and creativity.
Be the partner for essential solutions
We’ll set ourselves apart with an aspirational vision to guide future strategy and initiatives. We will play a vital leadership role in the global food, beverage, beauty, household, personal care and pharmaceutical supply chains. With our shared agility, unmatched innovation and leading insight, we will work alongside our customers to anticipate their essential needs and create the solutions they don’t even know they need yet.
A Message from IFF’s Chief Executive Officer
and DuPont’s Executive Chairman:
“The combination of IFF and N&B is a pivotal moment in our journey to become an invaluable innovation and creative partner for our customers. Together, we will create a leading ingredients and solutions provider with a broader set of capabilities to meet our customers’ evolving needs. With highly complementary portfolios, we will have global scale and leading positions in key growth categories to enable IFF to better respond to customer needs driven by consumer demand, capitalize on positive market trends, drive strong profitable growth for our shareholders and create opportunities for our employees. I have been impressed by N&B’s management team, which shares our culture and values, and we look forward to welcoming them to the IFF family.”
– Andreas Fibig, Chairman and CEO of IFF
“DuPont and IFF share long and successful histories of customer-driven innovation and cultures of excellence, which is why I am confident that N&B will be well-positioned for its next phase of growth. I am pleased to join the Board of the combined organization and remain involved in unlocking the potential of this new company. We conducted a very thorough process leading us to the selection of IFF as the preferred partner for N&B. I am excited about the future of the new company and all the opportunities it has for long-term value creation.”
– Ed Breen, Executive Chairman of DuPont