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Frutarom Group
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Frutarom to Buy Majority Stake in Mexican Savory Solutions Firm Piasa
Nov 14, 2016Frutarom has agreed to acquire 75% stake in savory solutions provider Piasa Group for approximately MXN405m ($20.5m) to foray into the Mexican market. Piasa is Frutarom’s first acquisition in Mexico, while being the fifth in the ...
Tags: Frutarom, Piasa Group
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Frutarom Takes 50% Stake in Algalo to Fortify Algae-Based Products Portfolio
Feb 6, 2016Israel-based ingredients company Frutarom has acquired 50% stake in Algalo Industries to fortify its position in algae-based products segment. Frutarom has invested NIS10m ($2.6m) to acquire the stake. As part of its growth strategy, ...
Tags: Frutarom, algae-based products
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Frutarom Industries Acquired Belgian Flavours Company Taiga in a $ 2.9m Deal
Mar 20, 2015Frutarom Industries has acquired Belgian flavours company Taiga International in a $ 2.9m deal. Taiga currently offers flavours for the food, beverages and tobacco industries, including the leading chocolate manufacturers. The company ...
Tags: tobacco, Frutarom Group, Food
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Frutarom Has Agreed to Acquire 75% Stake in Russia-Based PTI for a Cash Consideration
Nov 20, 2013Israel-based flavor and fragrance company Frutarom has agreed to acquire 75% stake in Russia-based Protein Technologies Ingredients (PTI Group) for a cash consideration of $50.3m. With net assets valued at more than $40m, PTI Group is ...