In US basketball lingo they call it playing small ball. Frutarom, which supplies flavors, fragrances and dietary supplement ingredients, has grown to one of the world’s largest companies in the category by acquiring many of the smallest firms.
Hawkins Inc. has announced completion of its acquisition of Stauber Performance Ingredients in a cash for stock transaction valued at $157 million. It’s the second time Stauber has changed hands in recent years.
French biotech firm Alderys has bought Eviagenics’ micro-organism based flavonoid production platform for an undisclosed sum. The deal will allow Alderys to commercialise the technology and Eviagenics to focus on its seaweed extracts venture.