One of Israel’s biggest companies, Frutarom has just purchased US-based flavor manufacturer Hagelin & Co for $52.4 million. It follows Frutarom’s recent acquisitions of Russia’s Protein Technologies Ingredients for $50.3 million and Guatemala’s Aroma SA for $12.5 million.
http://www.reuters.com/article/2013/12/12/frutarom-hagelin-idUSL6N0JR18Z20131212