Frutarom

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ISRAEL: Frutarom acquires Acatris Health

5 Oct 2006

Israel's Frutarom has signed an agreement for the acquisition of Acatris and its affiliates in the US, Belgium and the Netherlands, known collectively as Acatris Health, for EUR10.5m (US$13.34m).

ISRAEL: Frutarom sales up in Q2

22 Aug 2006

Fine ingredients company Frutarom has reported a 7.9% increase in second-quarter sales to US$72.3m, with sales for the first half up by 8.7% at $143.3m.

ISREAL: Frutarom Q1 benefits from Nesse boost

23 May 2006

Fine ingredients company Frutarom Group’s net sales increased by 9.7% to US$71m in the first quarter of 2006, compared to the period last year, partially helped along by contributions from its acquired savoury foods company Nesse.

ISRAEL: Frutarom buys 70% stake in Nesse

20 Jan 2006

Israel's Frutarom has acquired 70% of flavour solutions manufacturer GewuzMuhle Nesse for EUR18.41m "plus a future success fee payment based on continued improvement in Nesse's future EBIT," reported Globes.

GERMANY: Frutarom acquires ingredients group

17 Jan 2006

Frutarom Industries Ltd has acquired 70% of the shares of savoury ingredients group GewurzMuhle Nesse (Nesse).

ISRAEL: Frutarom Q3 profits rise

25 Nov 2005

Flavours manufacturer Frutarom's net profits for the 3rd quarter this year grew 45.2%, reaching US$6.8m, compared with US$4.7m during the same period last year.

ISRAEL: Frutarom appoints manager of flavours unit

2 Nov 2005

Israeli food ingredients firm Frutarom Industries has announced that Kobi Levy has been appointed to the position of executive vice president of Frutarom and manager of its global flavours division.

SLOVENIA: Antioxidant producer Vitiva gets new CEO

23 Sep 2005

Natural rosemary antioxidant producer, Vitiva has named Ohad Cohen as its new CEO.

ISRAEL: Frutarom posts 51% growth in Q2 sales

15 Aug 2005

Israeli flavour and ingredients firm Frutarom has posted sales of US$61.7m for the second quarter of 2005, up 50.5% compared to the same period of the previous year.

ISRAEL/INDONESIA: Frutarom opens Jakarta office

9 Aug 2005

Israel based ingredients company Frutarom announced today (Tuesday) that its subsidiary, Frutarom (UK) Ltd., has opened a sales and marketing office in Indonesia's capital city, Jakarta. The office is intended to strengthen Frutarom's standing and activity in East Asia.

ISRAEL/USA: Frutarom buys favouring extracts business

16 Jun 2005

Israel based ingredients company Frutarom has announced the purchase of the flavouring extracts business of A M Todd Botanical Therapeutics.

ISRAEL: Frutarom Q1 sales, profit rise

25 May 2005

Ingredients company Frutarom has announced higher sales and net profit for the first quarter ended 31 March 2005.

ISRAEL: Frutarom announces higher sales, profit

24 Mar 2005

Ingredients company Frutarom has announced a rise in sales to US$196.8m in 2004 from $139.3m in 2003. Net profit rose to $15.8m from $8.0m.

FRANCE/USA: IFF to close Dijon manufacturing facility

25 Oct 2004

US-based International Flavors & Fragrances has announced that it is to proceed with the planned sale of its French fruit preparations assets to Frutarom Industries and with the closure of its Dijon manufacturing facility.

EUROPE/ISRAEL: Frutarom buys IFF's fruit preparations business

18 Aug 2004

Israel-based ingredients company Frutarom has announced the completion of its acquisition of the fruit preparation business in Germany and Switzerland of International Flavours and Fragrances (IFF).

ISRAEL/RUSSIA: Frutarom to build food compound plant in Russia

13 Dec 2002

Frutarom Industries will build a food compound plant in Russia next year at an initial investment of US$21m, according to Ori Yehudai, Frutarom president and CEO. Yehudai added that Frutarom’s sales in Russia are expected to reach US$7m this year, compared with US$3m last year.

UK/ISRAEL: CPL Aromas sells food ingredients division

28 Feb 2001

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. "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.

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