Monday April 6, 2020

Israel's Frutarom buys Irish food ingredients firm Redbrook for €40 million

Frutarom said the acquisition would raise its market share in the UK and Ireland

3rd August, 2016
Frutarom is paying 40 million for Irish-based flavouring firm Redbrook Pic: Pixabay

Israeli company Frutarom has bought Irish food ingredients firm Redbrook for €40 million in a move to expand its position in the Irish and UK markets.

The deal includes a mechanism for an additional consideration based on Redbrook's future business performance. Its chief executive Kieran Fox will continue in his role and will join Frutarom's flavours management team.

Redbrook, which was founded in 1987 and has 39...

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