Israel’s Frutarom has paid $8.2 million for Germany’s Extrakt Chemie – maker of natural extracts including some used to treat liver diseases, digestive problems and prevent infections. Frutarom’s fifth acquisition of 2016 is active in Denmark, Switzerland, France, Austria and Australia. Frutarom also has opened a state-of-the-art center for R&D, marketing, and production in Johannesburg, South Africa.
http://www.globes.co.il/en/article-frutarom-acquires-germanys-extrakt-chemie-1001121435