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Markets :: Specialty Chemicals :: Flavors and fragrances

Frutarom Acquires Flavors Maker

1:46 PM MDT | May 2, 2007 | Chemical Week Editorial Staff

Frutarom says it has agreed to acquire flavors manufacturer and supplier Jupiter Flavours (South Wirral, U.K.), for $2.8 million. The agreement includes a deferred payment of $600,000 based on Jupiter’s expected future results. Jupiter generates $2 million in sales, Frutarom says. Jupiter will be integrated into Frutarom’s British operations. Frutarom agreed last month to acquire flavors manufacturer Belmay (Wellingborough, U.K.) for $17.1 million (CW, April 11/18, p...

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