IHS Chemical Week

Regions :: Eastern Europe :: Russia

Frutarom acquires Russian flavors company

7:42 AM MST | November 18, 2013 | Deepti Ramesh

Flavors and fine ingredients company Frutarom Industries (Haifa, Israel) says it has concluded the terms of an agreement for the acquisition of 75% of the share capital of the Protein Technologies Ingredients Group (PTI; Moscow), for $50.3 million, reflecting a company value of $67 million. PTI has net assets valued above $40 million and no debt. PTI had sales of $111 million in 2012, Frutarom says. The transaction will be completed in the coming days and will be financed with a bank loan, Frutarom says. The agreement includes an option to acquire the remaining...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers

 

 

 













 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2014 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa