Add-on Acquisition • Food

Frutarom Industries Acquires FoodBlenders

On February 3, 2015, Frutarom Industries acquired food company FoodBlenders for 2M USD

Acquisition Context
  • This is Frutarom Industries’ 26th transaction in the Food sector.
  • This is Frutarom Industries’ 34th largest (disclosed) transaction.
  • This is Frutarom Industries’ 6th transaction in the United Kingdom.

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M&A Deal Summary

Date February 3, 2015
Target FoodBlenders
Sector Food
Buyer(s) Frutarom Industries
Deal Type Add-on Acquisition
Deal Value 2M USD

Target Company

FoodBlenders

Leicestershire, United Kingdom
FoodBlenders Ltd. is a develops, manufactures and markets savory solutions which mainly include spice and seasoning mixes, functional ingredients, marinades and sauces for the food industry, with particular emphasis on the convenience foods segment.
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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 29 of 54
Sector: Food 26 of 45
Type: Add-on Acquisition 22 of 43
Country: United Kingdom 6 of 7
Year: 2015 1 of 13
Size (of disclosed) 34 of 35
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-30 Montana Food

Peru

Montana Food also maintains trade and marketing activity through which, as part of its service and the providing of comprehensive solutions to its customers, it markets ingredients that it doesn't produce itself. Montana Food maintains an R&D, sales and marketing center and a modern, efficient production site in Lima, Peru with substantial capacity and the possibility for extensive further output expansion.

Buy $29M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-04 Ingredientes Naturales Seleccionados S.L.

Santa Ana, Spain

Ingredientes Naturales Seleccionados S.L. is a specializes in plant extracts and offers paprika oleoresins that are used for spice, flavor, and coloring purposes.

Buy -