date:Nov 26, 2013
Frutarom Industries Ltd., one of the worlds ten biggest companies in the flavors and fine ingredients industry, continues to implement its rapid growth strategy with a special emphasis on developing markets, today announced that it acquired the Guatemalan flavor company Aroma SA(Aroma) for a net consideration of US$ 12.5 million.
The agreement includes a mechanism of future consideration whereby additional consideration will be paid in the amount of any excess EBITDA above US$2.25 million in t