Frutarom

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 the London Stock Exchange in October 2018.

Business overview

Frutarom specializes in creating and manufacturing a diverse range of high-quality flavors and ingredients for various industries, including food, beverage, flavor, fragrance, pharmaceutical, nutraceutical, and cosmetic sectors. The company's product portfolio encompasses flavors, savory solutions, seasonings, food systems, natural flavor extracts, functional food ingredients, natural pharmaceutical and nutraceutical extracts, specialty essential oils, citrus products, and aroma chemicals. Frutarom operates within the Agriculture & Food Technologies sector, specifically focusing on Food Tech and Novel Food & Ingredients, serving global markets.

Strategic signal

In November 2019, International Flavors & Fragrances (IFF) reportedly threatened to freeze payments worth millions to former Frutarom executives. This development signals potential post-acquisition integration challenges or disputes, which could impact the long-term financial and operational stability of the acquired entity and its former leadership.

Company Intelligence Q&A

When did Frutarom delist from the Tel Aviv Stock Exchange?

Frutarom delisted from the Tel Aviv Stock Exchange in October 2018 following its acquisition by International Flavors & Fragrances.

What was the outcome of the acquisition by International Flavors & Fragrances?

Frutarom was acquired by International Flavors & Fragrances in May 2018, leading to its status as an inactive company.