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Markets :: Specialty Chemicals :: Flavors and fragrances

Frutarom Acquires Savory Flavors Firm

11:56 AM MST | January 5, 2012 | Rebecca Coons

Frutarom Industries (Haifa, Israel) says it has acquired British flavors firm Savoury Flavours (Colchester, U.K.) and its subsidiaries for $5.88 million. The acquired firm had sales of approximately $6.6 million for the 12 months ended September 30, 2011, and operates a production site close to a plant operated by British East Anglian Food Ingredients (Eafi; Clacton-on-Sea, U.K.), a savory ingredients firm Frutarom acquired in February of last year. “The global market for savory flavors is growing as a result of trends in improved quality-of-life and...

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