Bunge has officially closed its acquisition of the soy protein concentrate, lecithin, and soy crush operations from International Flavours & Fragrances, Inc. (IFF). The strategic transaction is aimed at optimising Bunge’s global ingredients portfolio and diversifying the targeted solutions it can offer to food and beverage manufacturers.
The acquisition integrates several established IFF brands into Bunge’s operations, including Response®, Alpha®, Procon®, and Solec™. By absorbing these assets, Bunge substantially broadens its existing protein and emulsifier capabilities.
Key Enhancements to Bunge's Portfolio:
Expanded Protein Solutions: The addition of functional, textured, and powdered soy protein concentrates will allow Bunge to better support food manufacturers developing higher-protein formulations across various categories, including bakery items, snacks, traditional meats, and meat alternatives.
Comprehensive Lecithin Offerings: The integration creates a more robust lecithin portfolio, now featuring a complete line of liquid, powdered, and fractionated lecithins derived from soy, sunflower, and rapeseed. These ingredients are critical for optimising production efficiency and controlling texture in confectionery, bakery, and other processed foods.
Brian Douville, Vice President of Emulsifiers and Proteins at Bunge, emphasised the strategic value of the integration.
"We are excited to integrate IFF’s soy protein concentrate, lecithin, and crush business and welcome our new colleagues to Bunge," said Douville. "This transaction reinforces our commitment to be recognised by food and beverage customers as a partner of choice, providing a diverse and reliable range of ingredient solutions to our global customers, supporting supply chain resilience."
The completion of this deal signals Bunge's continued focus on strengthening its value-added ingredient supply chains and expanding its footprint in the high-demand plant protein and emulsifier markets.
This transaction does not include IFF’s soy isolates business.
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