IFF Completed Divestiture of Microbial Control Business
8 July 2022 – International Flavors & Fragrances Inc (NYSE:IFF) has successfully completed the divestiture of its Microbial Control business unit to LANXESS. The transaction is valued at $1.3 billion. For further information see here.
Walder Wyss has advised IFF in connection with the Swiss legal aspects of the transaction. The team was led by Dominik Hohler (Partner, Corporate/M&A) and further included Michael Kündig (Senior Associate, Corporate/M&A), Janine Corti (Counsel, Tax), Jan Ole Luuk (Counsel, Tax), Markus Vischer (Partner, Corporate/M&A), Dario Galli (Senior Associate, Corporate/M&A)