Britain’s CPL Aromas has sold its slavour and aroma ingredients divisions to Israel’s Frutarom. The flavour and ingredients businesses will join Frutarom’s international flavours and ingredients divisions.
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“This acquisition, with its current portfolio, suits our growth strategy. The addition of the two divisions’ complementary products, customers, facilities and staff will help Frutarom fulfil its ambitious vision for the future,” said Ori Yehudai, CEO of the Frutarom Group.
Established in 1933, Frutarom is an Israeli based public company, listed on the TASE, and is a subsidiary of ICC Industries, a private New York based company.
