December 14, 2015 | Israeli flavoring company Frutarom, one of the largest companies in the field of food ingredients, has acquired the Germany company Wiberg GmbH for approximately $130.4 million (€119 million). Completion of the transaction, which will be financed using bank debt is subject to approval from the German and Austrian antitrust authorities, which Frutarom expects to receive at the beginning of 2016. This transaction marks Frutarom’s 13th acquisition of this year, following its acquisition of the Hong Kong company Inventive for $17 million earlier this month, and its stake in the Polish company AMCO for $20.7 million.
Subscribe to NoCamels weekly newsletter and get our top stories
Related posts

Israeli AI Safety Tool Among TIME’S Best Inventions For 2024
October 31, 2024

TAU Team Discovers Mechanism To Eliminate Cancerous Tumors
October 30, 2024

Ashdod Port Investing In Startups As Part Of Innovation Strategy
October 29, 2024

BGU Develops Fast Fact Checking Via News Sources Not People
October 28, 2024
Facebook comments