Breaking News

Frutarom Acquires Oxford Chemicals

November 30, -0001

Frutarom Industries Ltd. has acquired Oxford Chemicals Ltd., a UK-based producer of ingredients for the flavor and fragrance industry, in a deal valued at approximately $12 million. Frutarom contends that Oxford, which was established in 1973 and employs 70 people, is highly synergetic with its global fine ingredients division, which has laboratories and production facilities in the U.S., UK, Switzerland and Israel. Oxford has a pipeline of innovative products with emphasis on natural flavors, according to Frutarom. The firm’s management will join the management team of Frutarom’s Fine Ingredients Division.

“Frutarom will act immediately to integrate Oxford’s activity with that of Frutarom’s Fine Ingredients Division while realizing and utilizing the extensive commercial and operational synergy that exists between Frutarom’s operations and Oxford’s operations in order to take maximum advantage of the cross-selling opportunities and achieving maximum cost savings,” said Ori Yehudai, president and chief executive officer of the Frutarom Group.
blog comments powered by Disqus
  • Long Term Sustainability In the Nonwovens Market

    Long Term Sustainability In the Nonwovens Market

    August 23, 2016
    Learn more at Cleaning Products USA, Nov. 9-11, 2016

  • Fro Yo!

    Fro Yo!

    Tom Branna, Editorial Director||August 22, 2016
    Project Beauty dishes out Hairgurt, a line of vitamin-rich hair shampoos and conditioning masques.

  • TLC for Those Who Need It Most

    TLC for Those Who Need It Most

    Christine Esposito, Associate Editor||August 22, 2016
    New curriculum debuting at Bellus Academy helps estheticians treat a population that needs TLC.