Israel’s Fruitarom buys Bengaluru co

Chennai: Israeli flavours and fragrances firm, Frutarom Industries, has acquired 60 per cent stake in privately held Bengaluru-based Sonarome Pvt Ltd for Rs 110 crore (US$ 17.27 million) in an all cash deal. The firm reserves the right to buy the remaining stake over the next two years, subject …read more