AromataGroup to acquire controlling stake in Ipam from Manenti family.

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.