Clearwater International advises Frutarom on cross-border acquisition

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Clearwater Advisor

Clearwater International has advised Frutarom Industries Ltd (“Frutarom”), a global leader in the flavours and ingredients market, on its acquisition of Spanish company Nutrafur.

Frutarom is a multinational food ingredients company with significant production and development centres on all six continents, selling more than 43,000 products to over 19,000 customers in more than 150 countries. This deal represents the company’s 10th acquisition of 2015.

Nutrafur specialises in the research and development, manufacture, and sales & marketing of speciality natural plant extracts. One of Nutrafur’s most important offerings is a product range of 100% natural antioxidants. Nutrafur products synergise well with Frutarom’s portfolio of natural ingredient solutions and will help expand Frutarom’s lineup of natural products for both food and health products.

A team at Clearwater International, led by partner Francisco Gómez, advised Frutarom on the transaction.

“The acquisition of Nutrafur fits in well with our rapid and profitable growth strategy, while deepening and expanding Frutarom’s activity in the growing field of natural plant extracts. We are also convinced that this acquisition will contribute towards the continuation of Frutarom’s rapid and profitable growth and will generate top value for our customers, our employees, and our investors.”

Ori Yehudai, President and CEO, Frutarom Group

“Nutrafur’s acquisition by Frutarom fits into the growing trend in the food industry of using natural ingredients. Following this trend, the Clearwater team is active in transactions in areas such as natural colors, natural preservation, plant extracts and essential oils.”

Francisco Gómez, Partner, Clearwater International