07 Jun 2016 --- International Flavors & Fragrances Inc. (IFF), the world’s third largest flavors supplier [turnover $3.23 billion in 2015], is looking to increase its expenditure on R&D, with innovation serving as a central platform for growth. Further partnerships and M&A activity can also be expected, following a relatively quiet period, which did feature the small acquisitions of Ottens Flavors and Lucas Meyer Cosmetics in 2015.
