Frutarom nabs ingredient maker | February 12, 2018 Issue - Vol. 96 Issue 7 | Chemical & Engineering News
Volume 96 Issue 7 | p. 11 | Concentrates
Issue Date: February 12, 2018

Frutarom nabs ingredient maker

Department: Business
Keywords: Mergers & acquisitions, cosmetic ingredients, plant extracts, Frutarom

The Israeli flavors maker Frutarom has increased its penetration into the cosmetic ingredient and dietary supplements market with the purchase of Israeli Biotechnology Research for $21 million. Frutarom made 12 acquisitions last year. With IBR it gains a business based on plant and algae extracts with annual sales of more than $7 million and 30 employees. Frutarom says the latest deal advances its strategy to be “the preferred partner for tasty and healthy success.”

 
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ISSN 0009-2347
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