Frutarom to Acquire Taura Natural Ingredients for $70 Million
SupplementsFrutarom to Acquire Taura Natural Ingredients for $70 MillionFrutarom to Acquire Taura Natural Ingredients for $70 Million
Frutarom Industries Ltd. announced a deal to acquire Australia-based Taura Natural Ingredients Holding Ltd. for approximately $70 million. The acquisition is Frutarom’s seventh acquisition of the year and strengthens Frutarom’s capabilities and raises its market share in the field of unique technologies for combining natural taste and fruit solutions. The deal also bolsters the company’s penetration into the Asia-Pacific markets, especially Australia and New Zealand.
Subscribe for the latest consumer trends, trade news, nutrition science and regulatory updates in the supplement industry!
Join 37,000+ members. Yes, it's completely free.