CCI approves acquisition of pharma solution segment, product lines of Nourish segment of IFF by Roquette
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New Delhi: Competition Commission of India (CCI) has approved the proposed combination involving acquisition of pharma solution segment and product lines of Nourish segment of International Flavors & Fragrances Inc.(IFF) by Roquette Frères S.A..
The Proposed Combination involves acquisition by Roquette of the Pharma Solutions business and certain product lines of the Nourish business (i.e., collectively the Target Business) of IFF by way of Roquette’s purchase of equity interest in certain IFF entities that collectively house / are proposed to house the Target Business.
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