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Frutarom Acquires Biotech Ingredients Firm

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By: TOM BRANNA

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 ISRAEL: Frutarom Industries Ltd. has purchased 100% of the shares of IBR – Israeli Biotechnology Research Ltd. (IBR) for approximately $21 million. Established in 1995, IBR develops, manufactures and markets innovative and proprietary natural active ingredients for the cosmetics and dietary supplements industries, mainly for cellular and skin anti-aging, skin protection from UV rays and air pollution, skin whitening and pigmentation prevention. IBR’s product portfolio includes products tha...

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