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Markets :: Specialty Chemicals :: Flavors and fragrances
Frutarom Acquires Flavors Maker
12:38 PM MDT | July 25, 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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