潜水简介：
- 这家新公司由国际风味和香水合并以及杜邦的营养与生物科学部门计划在明年第一季度关闭，已宣布其目的：“将科学和创造力应用于更好的世界”，并以一个愿景“成为基本解决方案的合作伙伴”，公司本周宣布。
- 这262亿美元的交易, announced in December, will have four divisions: Taste, Food and Beverage — made up of IFF's Taste division and DuPont's Food & Beverage division; Scent — currently an IFF division; Health & Biosciences — which will include p抢劫，纤维，培养物，食物酶，生物精炼和微生物控制；以及杜邦的制药解决方案。
- Current IFF executives will be well represented in the combined company. Current CEO Andreas Fibig and CFO and Executive Vice President Rustom Jilla will continue in their current roles. Matthias Haeni, who currently leads IFF's Flavors division, and Amy Byrick, the platform leader for DuPont's Food & Beverage division, will both be presidents of the new Taste, Food and Beverage division. Meanwhile, current DuPont leadership — including Executive Chairman and CEO Ed Breen, and Nutrition & Biosciences President Matthias Heinzel — will join the new company's board of directors.
Dive Insight:
正如IFF和Dupont的营养与生物科学部门准备合并为450亿美元的食品成分以及香水和药品的配合，因此协调至关重要。因此，即使实际的合并大约是一年的休假，但现在为合并后的公司建立了业务计划和公司结构是可以理解的。
该结构旨在利用各个部门的类别领导者的优势和能力。
IFF本周报告了收益，同一天宣布了新的公司任务，愿景和结构。在与分析师致电, Fibig said both companies have products that are solidly at the top of their divisions, as well as each being active in R&D and steadfast innovators. The combined R&D spend of both companies is about $550 million, and both entities have more than 9,000 patents.
"From day one we will bring unmatched innovation and leading edge insight to anticipate what will be essential to tomorrow’s consumers," Fibig said. "We are more than a vendor or supplier. Yes, we supply the ingredients, components and solutions you require, but we're also united in understanding and meeting the challenges of today and tomorrow."
Both companies have performed well in the beginning of the year, even as the coronavirus pandemic has snarled supply chains and hampered manufacturing and research.In the first quarter在2020年，IFF的销售额为13亿美元，其气味分裂增长了5％，味道增长了3％。
杜邦，哪个reported earnings May 5，营养与生物科学部门的销售额为15亿美元，比一年前高1％。益生菌成分是有史以来最强大的季度，因为全球消费者继续寻找可增强免疫健康的功能性食品。由于消费者对包装商品和植物性肉的需求增加，蛋白质溶液也得到了增加。
为了使这家新的合并公司成为真正的强大力量，合并必须得到经营业务的国家的股东和监管机构的批准。根据宣布业务目的和愿景的发布，两家公司于3月获得了美国的反托拉斯批准。他说，股东投票定于9月。
IFF以使用收购来建立其业务和能力而闻名。在2018年获得FrutaromIndustries为了71亿美元，增加其影响力into natural colors, enzymes, antioxidants and health ingredients. In the most recent earnings report, this acquisition significantly helped increase growth in its Taste business, Fibig said in the earnings call. If it were broken out as its own business, Frutarom would have seen 4% growth over the same period last year.
While IFF's coming merger with DuPont is the biggest pending deal, other ingredients companies are also using acquisitions to increase their capabilities. Ingredion is entering the stevia market in a huge way,在纯圈中购买控制股份, which is the global leader in ingredients and R&D for the sugar alternative. In 2018,Geneva-based Givaudan increased its footprint in the plant-based ingredient market通过购买股份在法国公司naturex中。
这merger of IFF and DuPont's Nutrition & Biosciences business will create a behemoth, but there will still be room for other players in the ingredients business. New ingredients and needs are ever-present in the food industry. Smaller companies that specialize in some of these solutions will have the opportunity to win that corner of the market — or become acquisition targets themselves.
