Report: More than One Acquisition for Frutarom in Next 12 Months

A new Reuters report quotes Frutarom CEO Ori Yehudai as saying the company will likely make more than one acquisition in the next 12 months to boost its presence in North America, South America and Asia. Said Yehudai, "We started our own activities in flavors in Mexico and Costa Rica and we're looking for acquisitions in Central and South America -- mainly Mexico and Brazil but also other countries. We are working on an acquisition in North America."