Industry News:

Most Popular in:

Company News

844

Reaction Flavors in Action at Flavorcon 2013

387

Update: Fragrance Foundation Reveals Top Five Award Finalists

376

Fire Destroys Two Floors of Takasago's Hiratsuka, Japan Factory

250

IFF to Close Augusta, Ga. Fragrance Ingredients Plant in 2014

220

Symrise Acquires Belmay

199

Symrise Invests €10M in New Holzminden Research Center

192

IFF, Amyris Sign Renewable Fragrance Ingredients Pact

164

Bell Adds New Flavor & Fragrance Facility to Guadalajara, Mexico Plant

154

Walmart Acknowledges Takasago's Contribution to its Sustainability Goal

141

Givaudan Q1 Sales Rise; But Fine Fragrance Declines

Email This Item! Print This Item!

Report: Agilex Flavors and Fragrances for Sale to Buyout Firm

Posted: December 10, 2012

Nautic Partners has been negotiating a sale of its fragrances business Agilex Flavors and Fragrances to buyout firm MidOcean Partners, according to Dow Jones's LBO Wire.

The Federal Trade Commission reportedly granted the deal early antitrust clearance. The report says terms of the deal couldn't be determined, although New York-based MidOcean seeks to invest at least $25 million of equity per transaction.

Agilex divested its flavor division in 2010.