Frutarom Industries, a manufacturer of flavors and natural specialty fine ingredients, has acquired 100% of the German partnership Extrakt Chemie as well as the property on which Extrakt Chemie’s plant is situated in exchange for approximately $6 million in cash. Revenues of Extrakt Chemie for the fiscal year ended February 2016 amounted to $10 million.
from IFT Daily News http://ift.tt/1X5iltp
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