Alfa

Frutarom’s expansion spree continues, takes 70 percent stake in Argentine companies

Flavor and fragrance company Frutarom Industries Ltd. is continuing its roll of acquisitions with an agreement for the purchase of a 70 percent stake in Argentinian companies Meroar SA and Meroaromas SA for US$11.2 million. This marks the second acquisition so far this year, following 20 acquisitions in the past two years and 37 acquisitions […]

Alfa

ADM to buy half of Russian Aston Foods

ADM will buy a 50% stake in Russian supplier Aston Foods’ corn business, expanding its sweetener and starch capacity in Russia and globally. The deal, which must still be approved by financial regulators, would see Chicago-headquartered Archer Daniels Midland (ADM) become a 50% owner of Aston’s corn wet mills in Ibred and Novlyanka. The US […]