Frutarom has agreed to acquire the industrial savoury spice division of Scandinavian company Rieber & Son ASA for approximately US$4.2m (25m Norwegian Krona), the company has said.
Frutarom’s double-digit growth in Q2 is due to accelerated growth in specialty fine ingredients and excellent flavours sales, says the firm, which has a rapid growth strategy in place.
Acquisition-hungry firm Frutarom continued its rapid growth strategy, today announcing an "extremely synergetic" €5.2m deal to buy Chr. Hansen's savoury functional systems activities in Germany.
Frutarom today announced it had agreed to
acquire German-based Gewurzmuller Group for $67m (€47m), a
move to further expand the company's presence in the
global market for flavours and functional ingredients.
Frutarom has announced an increase in sales in its second quarter
results issued this morning, which it says is down to reaping the
rewards of a strategy of buying smaller companies - but work is
needed to boost its profit margins.
As growing companies go, Frutarom has its foot firmly on the
accelerator. Jess Halliday talks to president and CEO Ori Yehudai
about the secrets of completing fifteen successful acquisitions in
twelve years and the challenges facing...
Frutarom is continuing its strategic shopping spree with the
acquisition of UK flavour firm Jupiter, less than a month after an
agreement to acquire Belmay.
Israeli flavours and ingredients supplier Frutarom has reported
sales growth in Q2 2006 to US$72.3m. Although profits were impacted
by price drops in natural raw materials and energy price hikes, new
acquisitions are still on the...
Frutarom's continuing trend of increased sales and profitability
vindicates the Israeli flavour firm's rapid expansion within
certain strategic geographic regions.
Israeli flavours and ingredients group Frutarom benefited from the
recent merger with Swiss counterpart Flachsmann to post a 55 per
cent increase in first quarter sales. Growth in the functional
foods sector also contributed to the...
Flavours and extracts firm Frutarom has gained the worldwide
marketing rights to a range of natural antioxidants made by
Israel's RAD Natural Technologies, boosting its offering to health
and functional food makers.
Tel Aviv stock exchange-listed Frutarom Industries has welcomed a
new company into its stable - Frutarom Switzerland - previously
known as Emil Flachsmann, and by doing so pushes itself deeper into
the botanical extracts market.
A robust second quarter for flavour and fragrances multinational
Frutarom, announcing a rise for both sales and profits and
completion of its acquisition of the Swiss natural extracts company
Emil Flachsmann.
