Thursday, November 21, 2013

Frutarom acquires control of Russian flavors company PTI

Frutarom Industries Ltd. has announced that it concluded the terms of an agreement for the acquisition of 75% of the share capital of the Protein Technologies Ingredients Group (PTI) for a cash consideration of $50.3 million (reflecting a company value of $67 million).



from IFT Daily News http://www.ift.org/Food-Technology/Daily-News/2013/November/21/Frutarom-acquires-control-of-Russian-flavors-company-PTI.aspx

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