IHS Chemical Week

Regions :: Eastern Europe :: Russia

Frutarom acquires Russian flavors company

3:03 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.


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

Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.


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

ihsCopyright © 2015 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