Israeli food flavourings company Frutarom Industries has acquired UK-based Aromco for £15 million, it has been announced.
The transaction is Frutarom’s fourth acquisition of a flavour company since the beginning of 2011.
Hertfordshire-based Aromco develops, manufactures and markets flavours for the beverage, dairy, confectionary, bakery and savoury markets. The company had sales of £7.7 million in 2010.