04.01.09
Building on its rapid growth strategy, Frutarom Industries Ltd., Haifa, Israel, has acquired Flavors Specialties Inc., Corona, CA, which produces and markets flavors and botanical extracts mainly for the food and beverage industry. In 2008, Flavor Specialties’ sales totaled $11.5 million. The acquisition is expected to strengthen Frutarom’s research and development capabilities in the food and beverage arena.