3 May 2016
Extrakt Chemie was established in 1969
and has a long-standing reputation and knowhow
in specialty ingredient extracts, primarily for
pharma, natural medications, nutritional supplements,
foods and cosmetics.
Extrakt Chemie develops, produces and markets
specialty solutions of natural extracts,
some that include
plant-sourced enzymes
for use mainly as raw material (API)
in the pharmaceutical market,
with proven benefits in, among other things,
the treatment of liver diseases, digestive problems
and the prevention of infections.
Extracts
Enzymes
Enzymes are biocatalysts that accelerate biochemical reactions
without being used up themselves in the process.
They display a specific temperature or pH profile.
Enzymes are very versatile as far as
their range of application is concerned.
In the pharmacy field, for example,
to aid digestion and prevent infection.
For these purposes we recommend
our monography-conform products
(amylase, lipase, protease).
Cellulase and lactase are further examples
of high quality pharmaceutical enzyme products.
Enzymes-products
Alpha-Galactosidase (Stachyase): (Origin: Aspergillus)
Amylase (Origin: Aspergillus oryzae)
Amyloglucosidase (Origin: Rhizopus niveus)
Bromelain (Origin: Ananas comosus)
Hemi-Cellulase (Origin: Aspergillus niger)
Lactase (Origin: Aspergillus oryzae)
Lipase (Origin: Aspergillus niger)
Lipase (Origin: Rhizopus oryzae)
Lipase (Origin : Penicillium roqueforti)
Lysozym (Origin: Chicken egg white)
Pancreatin (Origin: Pancreas from pig)
Papain (Origin: Carica papaya)
Pepsin (Origin: Pig stomach mucosa)
Protease (Origin: Aspergillus melleus)
Protease (Origin: Bacillus subtilis)
Protease (Origin: Aspergillus oryzae)
Protease (Origin: Aspergillus niger)
Protease (Origin: Kiwi)
Trypsin-Chymotrypsin (Origin: Pancreas from pig)
Frutarom Industries Ltd. ("Frutarom")
continues its momentum of acquisitions
and the implementation of its rapid
and profitable growth strategy
with the announcement that
it has acquired 100% of the
German partnership Extrakt Chemie
Dr. Bruno Stellmach GmbH &Co. KG
as well as
the property on which Extrakt Chemie’s plant
is situated in exchange
for approximately USD 6 million in cash
(approx. € 5.3 million)
plus the assumption of debt (net) amounting
to approx. USD 2.2 million (approx. € 2 million).
Revenues of Extrakt Chemie for the fiscal year
ended February 2016 amounted
to approx. USD 10 million (approx. € 9 million).
The purchase agreement includes
a mechanism for future consideration
conditional on the business performance of
Extrakt Chemie during 2016 and 2017.
The transaction was independently financed.
Ori Yehudai,
President and CEO of Frutarom Group
"The acquisition of Extrakt Chemie is
* the 30th acquisition we have made in the past five years and
* the fifth we have completed since the beginning of 2016
in continuing the implementation of
our rapid and profitable growth strategy
combining strategic acquisitions
with internal growth surpassing the rates of growth
in markets in which we operate,"
"We have an excellent pipeline of future acquisitions
which will contribute, along with continued reinforcement
of our market leadership in joining together
the worlds of natural flavors and health,
towards achieving the goals we recently set out:
USD 2 billion in sales by 2020 along
with an EBITDA margin of over 22%
in our core activities."
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