Frutarom acquires Guatemalan flavor company Aroma for $12.5m
date:Nov 26, 2013
m in the years 2013 to 2015.

The deal will enable Frutarom to strengthen its presence and increase its market share in the significant and growing markets of Central and South America.

Aroma owner and CEO will continue to manage the company's business together with Frutaorm's management in the next few years.

Frutarom president and CEO Ori Yehudai said, We consider the acquisition of Aroma as another strategic step to increase Frutarom's market share in high growth markets in general and part
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