date:Nov 19, 2013
no debt.
Established in 1996, PTI makes flavours, spice mixes and raw materials for the food industry, including specialty protein, with an emphasis on processed meat and convenience foods. Its savoury flavour sales reached $60 million in 2012, with operating margins similar to Frutarom's flavour activity margins.
PTI has two production sites near Moscow and a research and development, distribution and sales centre in Moscow. It employs about 500 workers. Three of PTI's founders will continue