Taste & Nutrition company, Kerry, is celebrating the US$28.6 million expansion of its facility in Rochester, Minnesota. This project increases manufacturing capacity at the state-of-the-art facility and includes the addition of a new spray dryer and two 10,000 gallon dryer feed tanks. Groundbreaking for the expansion commenced in April 2017 and a ribbon-cutting ceremony was […]
Etiqueta: natural ingredients
IFF to acquire Frutarom in $7.1bn deal to create global flavors and natural ingredients empire
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 […]