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 […]
Etiqueta: acquisitions
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 […]
Naturex CEO talks trends, future launches and possible acquisitions
Just a couple of weeks ago Naturex reported that sales were up from €94m ($104m) to €98m ($108m) in Q3, helped by an increasing number of customers shifting to natural ingredients. During HiE the company unveiled its innovative 3-step approach – which includes intuitive nutrition, fortification and nutrition with purpose – that taps into the […]