M&A Deal Summary

Frutarom Industries Acquires Hagelin

On December 11, 2013, Frutarom Industries acquired food company Hagelin for 52M USD

Acquisition Highlights
  • This is Frutarom Industries’ 23rd transaction in the Food sector.
  • This is Frutarom Industries’ 3rd largest (disclosed) transaction.
  • This is Frutarom Industries’ 5th transaction in the United States.
  • This is Frutarom Industries’ 1st transaction in New Jersey.

M&A Deal Summary
Date 2013-12-11
Target Hagelin
Sector Food
Buyer(s) Frutarom Industries
Deal Type Add-on Acquisition
Deal Value 52M USD

Target

Hagelin

Branchburg, New Jersey, United States
Hagelin & Co., Inc. is a develops, produces and markets flavours and unique flavour technologies for the food industry,

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Buyer(S) 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 STATS #
Overall 26 of 53
Sector (Food) 23 of 45
Type (Add-on Acquisition) 20 of 42
State (New Jersey) 1 of 3
Country (United States) 5 of 9
Year (2013) 4 of 4
Size (of disclosed) 3 of 35
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-11-26 Aroma SA

Kishinev, Moldova

Aroma is engaged in the development, manufacture and marketing of flavors, mainly for beverages, dairy products, confectionary, snacks and convenience food.

Buy $13M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-24 CitraSource

Winter Haven, Florida, United States

CitraSource LLC is a specializes in R&D, manufacturing, marketing and selling of unique solutions in citrus specialty ingredients.

Buy $8M
Mergr

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