News

12th March 2017

Frutarom acquires Unique Flavors of South Africa

Frutarom Industries, 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 with the purchase of Unique Flavors of South Africa in consideration for approx. USD 6.7 million (ZAR 90 million). Unique, which was founded in 2001, engages in the development, production and marketing of flavors, with emphasis on savory flavors (the non-sweet spectrum of flavors) and on sweet taste solutions and reported sales volume in the 12 months ending January 31, 2017 amounting to approx. USD 9 million (approx. ZAR 131 million).

By Caroline Calder News Share:

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