Frutarom
Flavors and Ingredients for Food and Fragrances
Company Overview
Snapshot
Founded in January 1933 by Ori Yehudai, Frutarom operates with over 500 employees. The company was acquired by International Flavors & Fragrances in May 2018, leading to its delisting from the Tel Aviv Stock Exchange and London Stock Exchange in October 2018.
Business overview
Frutarom specializes in creating and manufacturing a diverse range of high-quality flavors and ingredients. The company's core offerings include flavors, savory solutions, seasonings, and food systems, alongside natural flavor extracts, functional food ingredients, natural pharmaceutical and nutraceutical extracts, specialty essential oils, citrus products, and aroma chemicals. Frutarom serves various industries, including food, beverage, flavor, fragrance, pharmaceutical, nutraceutical, and cosmetic sectors.
Strategic signal
In February 2020, news emerged regarding the challenges faced by Frutarom under International Flavors & Fragrances (IFF), indicating that the acquisition had not met initial expectations. This signals potential integration difficulties or market shifts that impacted the combined entity's performance, suggesting a complex post-acquisition landscape for investors to consider.
Log in to access full profile ›Company Intelligence Q&A
- What was a significant corporate event for Frutarom in 2018?
- In May 2018, Frutarom was acquired by International Flavors & Fragrances. Following this, the company was delisted from the Tel Aviv Stock Exchange and the London Stock Exchange in October 2018.
- What was Frutarom's acquisition activity in early 2018?
- In February 2018, Frutarom acquired IBR. This followed another acquisition in January 2018, when Frutarom acquired Enzymotec.
- What was Frutarom's acquisition activity in late 2017?
- In September 2017, Frutarom acquired Turpaz Perfume and Flavor Extracts. This was part of a series of acquisitions the company undertook.
- When did Frutarom first go public?
- Frutarom conducted an Initial Public Offering (IPO) on the Tel Aviv Stock Exchange in May 1996.
- What was the nature of the news regarding Frutarom in February 2020?
- In February 2020, reports indicated that the acquisition of Frutarom by International Flavors & Fragrances (IFF) was facing significant challenges, suggesting that the expected benefits of the merger had not materialized as anticipated.