25 Jan 2018 --- Bank Leumi, the multi-specialist UK-based subsidiary of Israel’s international bank, has closed a £14.75 million (US$21.02 million) loan to Frutarom. The deal finances the acquisition of UK-based flavors company, Flavours & Essences (UK) Ltd, which was announced in August last year. At the time, FoodIngredientsFirst reported that the deal was completed for approximately US$19.5 million (£15 million) and would be completed upon signing and financed through bank debt.
