Company News, Financial News

Frutarom Acquires Grow

Makes its 29th acquisition in the past five years.

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By: TOM BRANNA

Editor

It may be a new year, but Frutarom's growth strategy continues as it did in 2015 and the year before that, and the year before that. In fact, this week Frutarom made its 29th acquisition in the past five years with the purchase of Grow Company Inc., a Ridgefield, NJ-based biotechnology company. The purchase price was $20 million. Grow Company makes natural specialty ingredients for food and health products. The purchase agreement also includes future considerations, based on the company’s b...

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