Irish nutrition group Glanbia acquires US-flavor producer Flavor Producers for $300m, with potential $55m more, for its growing natural and organic flavors market.

Irish nutrition group Glanbia is acquiring US-based flavor producer Flavor Producers for an initial $300m, with a potential additional $55m in deferred payments based on performance. The deal, which aligns with Glanbia's strategy of acquiring complementary businesses, will see Glanbia Nutritionals expand its flavours offering and bring new capabilities in the growing natural and organic flavours market.