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Frutarom buys again

This article was originally published in Foodnews

FRUTAROM has made yet another acquisition in the form of US firm Abaco through its wholly-owned subsidiary Frutarom USA Inc. The acquisition cost US$4.0 million, plus assumption of the company's debt of US$1.1 million. Georgia-based Abaco - specialising in ingredients for the flavour and fragrance industry - generated sales of US$3.2 million in 2006.


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