Lubrizol ( LZ) sold its food ingredients and industrial specialties businesses. Terms weren't disclosed, but Cleveland-based Lubrizol said it sold the unit to an affiliate of Boca Raton, Fla.-based Sun Capital Partners. The divestiture is in line with the company's strategy of divesting noncore businesses with combined revenue of $500 million, announced in July 2005. The food ingredient business had sales of $400 million in 2005. The purchaser intends to retain 625 workers at the six manufacturing sites that were part of the sale. The business consists of a fine chemicals group, a specialty polymers and additives group and a performance materials group. Lubrizol acquired most of the business with the acquisition of Noveon International in June 2004. "This sale will allow the food ingredients and industrial specialties businesses to stand on their own and grow through increased management focus, capital investments and acquisitions," the company said.