14 Dec 2015 --- Frutarom, Israel’s growing flavors and fine ingredients company, has announced that it is to acquire 100% of the shares of Sagema GmbH of Austria and Wiberg GmbH of Germany (including Wiberg's 50% ownership share in a Canadian subsidiary and 51% ownership share in a Turkish company) for approx. USD 130.4 million (€119 million). The move keeps up the momentum of its recent acquisition spree, following 12 purchases in 2015, and further strengthens Frutarom’s position on the market for savory ingredients.
