Frutarom Acquires Slovenian Company Vitiva For $9.9M

December 23, 2014 | Frutarom, one of the world’s ten largest companies in the field of flavors and specialty ingredients, announced that it will acquire Vitiva of Slovenia for approximately $9.9 million. Frutarom will pay in cash for the company shares over the coming weeks. Vitiva specializes in the research and development, production, marketing and sales of specialty natural extracts from plants with antioxidant activity and certain health benefits. The company counts among its customers some of the world’s top food, pharmaceutical, and cosmetics manufactures. Frutarom is a world leader in the flavors and specialty ingredients sector, and is publicly traded on the Tel Aviv Stock Exchange and the London Stock Exchange.