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ICL acquisition

5:54 AM MST | January 24, 2014

Israel Chemicals Ltd. (ICL; Tel Aviv) has agreed to acquire Hagesüd Group (Hemmingen, Germany), a producer of premium spice blends and food ingredients for meat processing. The deal includes Hagesüd’s existing business, production technology, and warehouse facilities at Hemmigen, Dortmund, and Ottensoos, Germany. Hagesüd will become part of ICL Food Specialties. The purchase complements ICL’s existing food specialties portfolio of functional ingredients and spice blends for meat and poultry, ICL...

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