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.

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

The rest of this news item is available to subscribers.
The news item consists of 2.554 characters (without spaces) or 486 words words.

Buy the news item. Price: 2 tokens; on account: 0 tokens.

ep/gz/gz
© STA, 2012