Israel’s Frutarom’s 12th acquisition of 2015 – China’s Inventive – smashed the 21st Century record (10). Frutarom’s new R&D center in Shanghai, together with two Inventive R&D centers, will boost Frutarom’s fruit and flavors market in China and Southeast Asia. Frutarom also made its first acquisition of 2016 – Wiberg of Austria for $130 million – Frutarom’s largest ever purchase.

http://www.timesofisrael.com/chinese-consumers-to-get-a-taste-of-israeli-flavored-food-tech/

http://www.globes.co.il/en/article-frutarom-acquires-austrian-flavors-co-wiberg-for-130m-1001088052