Frutarom Industries, a leading player in the flavors and specialty fine ingredients industries, on Tuesday announced two acquisitions, one in Spain, the other in the United Kingdom. The company is buying Ingredientes Naturales Seleccionados SL of Spain for approximately $8 million plus up to $1.1 million, depending on Ingrenat's 2015 performance. Ingrenat specializes in R&D, production, and marketing of natural extracts from plants which include, among others, paprika rosemary, bixin, alfalfa and more which deliver taste, color, and antioxidant activity solutions for the food industry.
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