Roha Dyechem to acquire Saraf Foods for $20m.

Roha Dyechem, one of the largest players in the food colour and ingredients industry, agreed to acquire Saraf Foods, a freeze-drying specialist food processing company, for $20m. "We believe Roha Dyechem is well-positioned to take Saraf Foods to the next level of growth and is the perfect buyer for the company. I am thankful to all stakeholders viz customers, employees, investors, banker, vendors & suppliers for their unwavering faith in us over the years," Suresh Saraf, Saraf Foods Chairman and Managing Director.