SuanNutra, backed by Carbyne Equity Partners, has agreed to acquire a portfolio of specialty natural ingredients businesses from New York City-based IFF. No financial terms were disclosed. Based in Glen Rock, New Jersey, SuanNutra is a provider of science-backed branded and functional ingredients.

The businesses will merge with SuanNutra's existing operations to create an enlarged global group in science-backed natural ingredients. The transaction is expected to close by the end of 2026. The combined manufacturing footprint spans botanical extraction in Spain, Slovenia and Peru and fermentation in the US.

The merged group will have around 700 employees serving more than 1,200 customers in over 60 countries. On the deal, Markus Petersen, managing partner of Carbyne Equity Partners, said the merger creates a botanical-based ingredients group of genuine scale and scientific credibility.

HSF Kramer acted as legal counsel to SuanNutra and Carbyne and EY acted as financial advisor.