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.


Namibian power utility NamPower is working hard to overcome the challenges presented by securing the country’s energy supply.

 

NamPower’s major investment projects are among some of the largest ever carried out in Namibia and serve as the backbone of dynamic growth and diversification. As Namibia’s national power utility, NamPower was established in 1964 with the ambitious vision of powering Namibia to new commercial heights.


These days, the task of energy procurement is becoming increasingly critical as users struggle against relentlessly rising costs. Adrian Newton, event director of Energy Solutions, discusses ways in which to tackle the challenge head-on.

 


For many business leaders, managing the maintenance, repair & operations (MRO) supply chain has not always come top of the list of priorities. But to neglect it can cause major problems for a company’s ERP system in the long-term, leading to a number of knock-on effects that could easily have been avoided.

 


Joshua Ngoma, CEO of Tranter Holdings (Pty) Limited, talks to Jayne Alverca about his desire to move beyond making a good profit and contribute to a lasting improvement in the economic conditions and livelihoods of the people of Southern Africa.

 


Until very recently, Greenland has been a sleeping giant with regard to oil and gas exploration. Hans Kristian Olsen and Stig-Morten Knutsen of the national oil company Nunaoil talk to Gay Sutton about the prospects for a significant discovery and how they will ensure the Greenlandic people will benefit.

 


Long before BEE, an altruistic businessman was working tirelessly to improve the lot of rural black South Africans, as Alan Swaby discovers.

 

Business men and women like to make money. Make enough of it and they sometimes turn philanthropic, contributing some of their wealth back to the community. But making money while being philanthropic results in a whole new level of personal satisfaction.


Pascal Mittermaier, head of sustainability EMEA for leading global property solutions provider Lend Lease, talks to Gay Sutton about the challenges of sustainable construction.

 


The Hadley Group is the UK’s largest manufacturer of cold rolled steel sections; and its operations in Dubai give it access to the high-growth economies in the east, an opportunity it is seizing with both hands.

 


Godfrey Phillips India is one of the largest players in the Indian cigarette industry, with an annual turnover of over Rs 3000 crore, or $620 million. Incorporated in 1936, the company has two major shareholders: the KK Modi Group, which holds the largest share, and the American tobacco giant Philip Morris.