Fragrance products

IFF Completes Acquisition of Health Wright Products

IFF (NYSE: IFF) today announced that it has completed the previously announced acquisition of Health Wright Products, LLC (HWP), a leader in the formulation and manufacturing of capsules for the dietary supplement industry and a commercial partner IFF’s long-time Health & Biosciences probiotics company.

HWP is known in the consumer health and nutrition industries for providing the highest quality nutritional supplements. Using state-of-the-art processes and equipment, HWP manufactures custom formulations and supplies encapsulations and packaging to meet the industries rigorous requirements for probiotic products. Under IFF’s leadership, HWP will continue to invest in capacity and expand its capabilities to meet changing customer and consumer needs.

Health Wright Products employs over 225 people, all of whom will continue with the business after the sale. Financial terms of the deal were not disclosed.

Disclaimer under the Private Securities Litigation Reform Act of 1995

This press release contains a “forward-looking statement” within the meaning of the federal securities laws, including Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). ). Forward-looking statements often address expected future business and financial performance and financial condition, and often contain words such as “expect”, “anticipate”, “intend”, “plan”, “believe “, “search”, “see”, “will”, “will”, “target”, similar expressions and variations or negatives of these words. Forward-looking statements, by their nature, address matters that are, to varying degrees, uncertain, such as statements regarding the proposed transaction and the expected timeframe for the completion of the proposed transaction. The forward-looking statements included in this release speak only as of the date hereof, and we undertake no obligation to update the forward-looking statement to reflect subsequent events or circumstances.

About Health Wright Products, LLC.

At Health Wright Products, a contract manufacturing of dietary supplements, quality, service and value have been the guiding principles of our commitment to exceeding our customers’ expectations. We partner with brands committed to the same guiding principles for themselves and their customers. As an industry leader, we leverage innovation, technology, experience and capability to deliver better solutions for current and emerging products. Delivering better health by encapsulating excellence. Learn more at healthwrightproducts.com

About IFF’s Health and Biosciences Division

Inspired by nature and distinguished by its world-class bioscience and microbiome capabilities, IFF’s Health & Biosciences division is a leading innovation partner for customers across a wide range of consumer product sectors, industrial and agricultural. IFF’s Health & Biosciences division works closely with our customers to improve products – and their processes – to provide safer, healthier and more sustainable solutions.

Welcome to the IFF

At IFF (NYSE: IFF), an industry leader in food, beverage, health, bioscience and fragrance, science and creativity come together to create essential solutions for a better world – global icons with unexpected innovations and experiences. With the beauty of art and the precision of science, we are an international collective of thinkers who partner with customers to bring scents, tastes, experiences, ingredients and solutions for the products the world needs. desire. Together we will do more good for people and the planet. Learn more at iff.com, TwitterFacebook, Instagram and LinkedIn.

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