Announced
Financials
Sources
Tags
Majority
Food Products
Italy
Pending
Natural
breadcrumbs
food ingredients
Acquisition
Private
Single Bidder
Synopsis
AromataGroup, manufacturer of natural flavors and colors for applications in the food and beverage, pharma, nutraceutical, and cosmetics industries bought a controlling stake in Ipam, producer of food ingredients. Financial terms were not disclosed. "AromataGroup intends to continue its expansion path with the ambition to become an international player able to offer a rich portfolio of natural flavors and colorings of very high quality. " Hans Udo Wenzel, President of AromataGroup.
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