Frutarom acquires Nutrafur of Spain engaged in specialty natural plant extracts for food and health products_by chemwinfo

6 September 2015

ABOUT FRUTAROM

ABOUT NUTRAFUR

Contact

Nutrafur S.A. 
Camino Viejo de Pliego
Km. 2 - PO BOX 182
30820 Alcantarilla (Murcia) ESPAÑA.
Tel. (+34) 968 892 855
Fax. (+34) 968 806 512
www.nutrafur.com
nutrafur@nutrafur.com

DETAILS

Frutarom Industries Ltd. ("Frutarom"),

one of the world's 10 largest companies

in the field of flavors and specialty fine ingredients,

continues its momentum of acquisitions and

the implementation of its rapid and profitable growth strategy:

the Company announced today the purchase of 79% of

the shares of the Spanish company 

Nutrafur S.A. ("Nutrafur")

based on a company value of approx. US$ 14.5 million (€ 13.1 million).

The transaction was completed upon signing and

is being financed with bank credit.

Nutrafur specializes in the research and development,

manufacture, and sales and marketing of

specialty natural plant extracts 

bearing antioxidant properties or scientifically proven healthy qualities

and supported by clinical studies

for the food, pharma, nutraceutical and cosmetics markets.

Nutrafur sales for the 12-month period ending June 2015 

amounted to approx. US$ 13 million.

The value of Nutrafur's net assets for 30.6.15 

on a cash-free debt-free basis

stood at approximately US$ 11.4 million.

READ MORE

For further information,

please visit : www.frutarom.com.

CONTACT: ir@frutarom.com,

+972-9-9603800

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