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Etol Taken over by Israel's Frutarom

Celje, 17 January - Frutarom Industries has signed an agreement to acquire 56% of Etol, the Celje-based maker of flavourings and essential oils, for EUR 19.6m and plans to make an offer to buy the remaining shares in the coming weeks, the Israeli company said in a press release on the website of the London Stock Exchange.

Israeli Frutarom Industries acquires a majority stake in Slovenian flavourings maker Etol.
Photo: Daniel Novakovič/STA

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