Alfa

Frutarom Industries to acquire Unique Flavors of South Africa

Israel-based Frutarom Industries has agreed to acquire Unique Flavors (Pty) Limited of South Africa for ZAR90m ($6.7m). The purchase deal includes a mechanism for future consideration depending on Unique’s future business performance. Frutarom will integrate the R&D, sales and marketing, purchasing, production and supply platforms. Unique’s management, led by the activity’s CEO, will be integrated […]