date:Nov 26, 2013
he years 2013 to 2015. As part of the transaction, Frutarom is acquiring Aromas efficient plant in Guatemala.
Aroma, which was established in 1990, is engaged in the development, manufacture and marketing of flavors, mainly for beverages, dairy products, confectionary, snacks and convenience food.
The acquisition, which is third for Frutarom in 2013, includes Aroma's plant in Guatemala. As per the terms, an additional consideration will be paid in the amount of any excess EBITDA above US$2.25