Add-on Acquisition • Food

Frutarom Industries Acquires Baltimore Spice Israel

On September 10, 1999, Frutarom Industries acquired food company Baltimore Spice Israel

Acquisition Context
  • This is Frutarom Industries’ 1st transaction in the Food sector.
  • This is Frutarom Industries’ 1st transaction in Israel.

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M&A Deal Summary

Date September 10, 1999
Target Baltimore Spice Israel
Sector Food
Buyer(s) Frutarom Industries
Deal Type Add-on Acquisition

Target Company

Baltimore Spice Israel

Acco, Israel
Baltimore Spice Israel Ltd. is an active producer and vendor of seasonings and seasoning compounds.
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Buyer Overview 1

Buyer

Frutarom Industries

Haifa Bay, Israel

Category Company
Founded 1933
Sector Consumer Products
Employees3,100
Revenue 820M ILS (2014)
DESCRIPTION

Frutarom Industries Ltd. is a global company operating in the global flavors and natural fine ingredients markets. Frutarom has significant production and development centers on six continents and markets and sells over 70,000 products to more than 30,000 customers in over 150 countries. Frutarom’s products are intended mainly for the food and beverages, flavor and fragrance extracts, pharmaceutical, nutraceutical, health food, functional food, food additives and cosmetics industries.


Deal Context for Buyer #
Overall 1 of 54
Sector: Food 1 of 45
Type: Add-on Acquisition 1 of 43
Country: Israel 1 of 5
Year: 1999 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-07-21 Emil Flachsmann AG

Wadenswil, Switzerland

Emil Flachsmann AG is a producer and marketer of flavor compounds and food systems.

Buy -

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