16 Aug 2017 --- Frutarom Industries Ltd. are continuing its momentum of acquisitions by signing an agreement for the purchase of 100 percent of the shares of the UK company Flavours and Essences (UK) Ltd. (F&E). The deal was completed for approximately US$19.5 million (£15 million) and based on F&E’s future business performance over the period of three years from the purchase date. The transaction was completed upon signing and financed through bank debt.