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Frutarom Industries Ltd to purchase International Aroma Group for $12.5 million net

Monday, 25 Nov 2013 04:42am EST 

Frutarom Industries Ltd:Says on Nov.25 it signed an agreement for purchase of the full share capital of the International Aroma Group, a holder of the Guatemalan Aroma group (Aroma), for $12.5 million net ($13 million, with a deduction of Aroma's cash balance and cash equivalents in the amount of $0.5 million).Says the transaction was completed at the time of signing, and financed through the company's cash balance. 

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