M&A Deal Summary

Frutarom Industries Acquires Pollena-Aroma Sp z.o.o.

On December 20, 2017, Frutarom Industries acquired chemicals company Pollena-Aroma Sp z.o.o. for 7M EUR

Acquisition Highlights
  • This is Frutarom Industries’ 3rd transaction in the Chemicals sector.
  • This is Frutarom Industries’ 18th largest (disclosed) transaction.
  • This is Frutarom Industries’ 2nd transaction in Poland.

M&A Deal Summary

Date 2017-12-20
Target Pollena-Aroma Sp z.o.o.
Sector Chemicals
Buyer(s) Frutarom Industries
Deal Type Add-on Acquisition
Deal Value 7M EUR

Target

Pollena-Aroma Sp z.o.o.

Nowy Dwór Mazowiecki, Poland
Pollena-Aroma Sp, z.o.o. engages in the development, production and marketing of flavors, fragrances and specialty ingredients for the aromatherapy and natural cosmetics industries. Pollena-Aroma holds a leading position in Poland’s flavors and fragrances market as the former leading Polish government company in this field which underwent privatization in the early 1990s.

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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 53 of 54
Sector: Chemicals M&A 3 of 3
Type: Add-on Acquisition M&A Deals 42 of 43
Country: Poland M&A 2 of 2
Year: 2017 M&A 6 of 6
Size (of disclosed) 18 of 35
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-20 Bremil Indústria de Produtos Alimentícios

Arroio do Meio, Brazil

Bremil Indústria de Produtos Alimentícios Ltda is a top producer of savory solutions in Brazil with emphasis on convenience foods, prepared foods and processed meats. Bremil, which employs about 250 workers, serves about 450 customers in Brazil and countries of the region, with substantial presence among top meat producers, and has two production sites, in southern and central Brazil.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-02 Enzymotec

Migdal Ha’Emeq, Israel

Enzymotec develops a technology enabling the use of enzymes in an organic environment and allows the nutraceuticals and pharmaceuticals industries to benefit from the advantages of biocatalysis. Enzymotec was founded in 1998 and is based in Migdal Ha’Emeq, Israel.

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