Frutarom
 |
|
| Public | |
| Traded as | : , : FRUT |
| Industry | Chemicals |
| Founded | 1933 |
| Founder | Yehuda Araten and Maurice Gerzon |
| Headquarters | Haifa, Israel |
|
Key people
|
Ori Yehudai, President and CEO Dr. John J. Farber, Chairman |
| Products | Flavors and fragrances |
| Revenue | US$ 872.8 million (2015) |
| US$ 130.25 million (2015) | |
| US$ 96.08 million (2015) | |
| Total assets | US$ 1,318.48 million (2015) |
| Total equity | US$ 551.68 million (2015) |
|
Number of employees
|
2,700 |
| Parent | ICC Industries Inc. |
| Website | www.frutarom.com |
Frutarom Industries Ltd. is a flavor and fragrance company based in Haifa, Israel. In 2015 it had sales of over $872 million.
The company’s shares are traded on the and the , where it is a constitute of the TA-25 Index of leading shares.
The Frutarom Group is a flavor and ingredients company. The company develop, manufacture and market an extensive variety of flavors and ingredients catered to customers in a range of industries: food, beverage, flavor, fragrance, pharmaceutical, nutraceutical, food additive, and cosmetic.
Frutarom's some 20,000 products are sold to more than 10,000 customers, in 120 countries around the world. The Frutarom Group has 1,900 employees worldwide, with manufacturing facilities located in Europe, North America, Israel and Asia.
Frutarom operates through two major divisions:
Frutarom was established by Yehuda Araten and Maurice Gerzon, two industrialists from the Netherlands in 1933. They chose to build their first plant in an almost desert-like area between Haifa and Acco in ISRAEL, making Frutarom one of Israel’s earliest industrial enterprises. In 1952, Frutarom became a subsidiary of the newly established Electrochemical Industries (Frutarom) Ltd (EIF). By 1973 ICC Industries, owned by Dr. John J. Farber, became the controlling party of EIF and Frutarom. Since the 1990s, Frutarom has expanded by establishing itself overseas beginning with the acquisition of a small US company in 1990. Frutarom now has subsidiaries in Israel, the United States, the UK, Switzerland, Russia, Turkey, China, Ukraine, Kazakhstan and Germany, plus marketing offices in France, Romania, India, and Hong Kong.
In 1996 Frutarom listed on the . The company was formerly known as Frutarom NewCo (1995) Ltd but changed its name to Frutarom Industries Ltd. in 1996.
On 22 February 2005, Frutarom raised approximately US$71 million by listing 10,000,000 Global depository receipts on the 's main market.
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Wikipedia