date:Jun 23, 2015
Following the acquisition, Frutarom will benefit from bringing on board Taura's experienced and effective management team and employees at every level who will together with Frutarom contribute towards paving the way forward to continued and quickened growth.
As per the agreed terms, Frutarom is supposed to pay an additional amount of around $ 3.5m conditional on Taura's business performance over the 12 month period ending 30 June 2016.
Taura's generated around $40m in sales for the 12 months