Add-on Acquisition • Food

Frutarom Industries Acquires Blessing Biotech

On October 14, 2007, Frutarom Industries acquired food company Blessing Biotech

Acquisition Context
  • This is Frutarom Industries’ 11th transaction in the Food sector.
  • This is Frutarom Industries’ 3rd transaction in Germany.

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M&A Deal Summary

Date October 14, 2007
Target Blessing Biotech
Sector Food
Buyer(s) Frutarom Industries
Deal Type Add-on Acquisition

Target Company

Blessing Biotech

Stuttgart, Germany
Blessing Biotech GmbH is a develops, produces and markets starter cultures, which are natural products based on microbiological processes, mainly fermentation of microorganisms and enzymes, and which are used to manufacture food, especially meat, dairy and baked goods.
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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 12 of 54
Sector: Food 11 of 45
Type: Add-on Acquisition 9 of 43
Country: Germany 3 of 5
Year: 2007 7 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-10-14 Gewurzmuller

Ludwigsburg, Germany

Gewurzmuller GmbH is a develops, produces and markets unique and innovative savory solutions, including savory flavors, seasoning compounds and functional ingredients for the food industry, with special emphasis on the fields of processed meat and convenience food.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-11-19 RAD Natural Technologies

Petah Tikva, Israel

RAD Natural Technologies Ltd. is a natural anti- oxidants, RAD researches, develops, produces and sells unique natural plant extracts with anti-oxidant properties for use in food, dietary supplements and cosmetic products.

Buy $4M

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