Frulact Group is accelerating its continuous growth by expanding to North and Central Europe. Based on the agreement announced today with International Flavors & Fragrances Group (IFF), subject to regulatory approvals, Frulact Group will acquire IFF’s fruit preparation business which produces fruit, vegetable, herb and meat solutions for the food, beverage and pet food markets to SMEs and regional leaders, particularly in Western Europe, the Nordics and North Africa.
This expansion will allow Frulact Group to reach new geographies and diversify its portfolio of ingredients, improving its current position with its clients. With the production units and platforms to be acquired in Germany, Switzerland and France, the manufacturing capacity of Frulact Group will increase by 35% and its employee base will grow by 25%.
With this acquisition, Frulact Group reaches a 200 million turnover and more than 40 countries.