New York-based flavors and fragrances giant IFF is to acquire Israeli flavors and natural ingredients firm Frutarom in a $7.1bn deal that will propel it into the #2 spot in the global flavors market behind Givaudan. The move – which will create a company with combined revenues of $5.3bn in 2018 – comes a […]
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 […]
Frutarom is continuing its momentum of acquisitions with an eighth purchase this year, by acquiring 60 percent of the shares of the Thai flavors company The Mighty CO. LTD. (including the activity of Maharaj Food Co. Ltd. and Mighty International Co. Ltd.) for approximately THB 393 million (approx. US$12 million) and at a valuation of […]
Israel-based flavours and ingredients giant Frutarom has acquired Swiss savoury flavour specialist Mühlehof. Frutarom said it will pay €5.9m ($7m) for the group, which generated sales for the 12 months to end-June of €2.9m ($3.4m). Mühlehof, which was founded in 1979, engages in the development, production and marketing of “savoury taste solutions”, including flavours, seasoning […]
Frutarom Industries Ltd. are continuing its momentum of acquisitions and the implementation of its rapid and profitable growth strategy: The company have announced their second acquisition of this year, with the agreement for the purchase of René Laurent of France for approx. USD 21.3 million (Euro 20 million). The transaction was completed upon the signing […]
Frutarom Industries Ltd. (“Frutarom”), one of the world’s 10 largest companies in the field of flavors and natural specialty fine ingredients, continues its momentum of acquisitions and the implementation of its rapid and profitable growth strategy: The Company announced today the signing of an agreement for the purchase of 75% of the shares of the […]
