About Frutarom
Frutarom is a Healthcare company based in Haifa (Israel) founded in 1933, and was acquired by IFF in May 2018. Traditional company manufacturing flavor and fine ingredients. Frutarom has completed 35 acquisitions, including AB-Fortis, AMcO and Algalo. Its focus areas include Traditional Nutraceuticals and Diversified. Its legal entity in India is Taaja Flavours Private Limited (U74900MH2013PTC240274).
Company details
Frutarom is a flavor and fine ingredients company and is numbered among the ten leading companies in the world, in the field of flavors and fragrances. It creates, develops, manufactures and markets an extensive variety of high quality flavors and fine ingredients for customers in the food, beverage, functional food, flavor, fragrance, pharmaceutical, nutraceutical, and cosmetic industries. It markets and sells over 60,000 products to more than 28,000 customers in 150 countries, has 27 RandD labs and 45 sales and marketing offices throughout the world and operates 20 production facilities in Europe, North America, Israel and Asia. Frutarom employs 1,500 employees worldwide
- Headquarters Haifa, Israel
- Stage Acquired
- SectorsHealthcare
- Email••••••••
- Website frutarom.com
- Social LinkedIn X Facebook
- Acquired by IFF (May 2018)
- Legal Name Taaja Flavours Private Limited
- Date of Incorporation 08 Feb, 2013
- Jurisdiction Mumbai, Maharashtra, India
Associated legal entities of Frutarom
Frutarom operates through Taaja Flavours Private Limited (under process of striking off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Taaja Flavours Private Limited CIN U74900MH2013PTC240274 | Under Process Of Striking Off | 08 Feb 2013 | Mumbai, Maharashtra | ₹0.0 Cr | 2 | View details |
Funding Insights of Frutarom
- Total Rounds 1
- Last Round Debt – Conventional — $20.83M
- First Round $20.83M
(Jan 2018)
- Investors Count 1
All 1 funding rounds of Frutarom with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2018 | $20.83M | Debt – Conventional | – | – |
2 investors in total: 2 institutional.
Investors in Frutarom
Frutarom has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include IFF and Leumi UK.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Banking and financial services are offered by Leumi UK. | bankleumi.co.uk | London, United Kingdom | ||
IFF is recognized as a global leader in flavors, fragrances, and biosciences. | 1889 | iff.com | New York, United States |
Investor details for Frutarom
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Board of directors of Taaja Flavours Private Limited (Frutarom)
Taaja Flavours Private Limited is the primary company behind Frutarom. The board of Taaja Flavours Private Limited currently have 2 directors; the longest-serving is Ramachandra Cholasmudram Ravichandran Reddy, appointed in 2020. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ramachandra Cholasmudram Ravichandran Reddy DIN 09001042 | Director | 18 Dec 2020 | 5 yrs 10 mo | Taaja Flavours Private Limited |
| Muniyappa DIN 09001044 | Director | 18 Dec 2020 | 5 yrs 10 mo | Taaja Flavours Private Limited |
People of Frutarom
638 people are tracked at Frutarom (179 in leadership, 12 in board & advisors, 447 in team).
| Name | Role | Group |
|---|---|---|
Rich Kronengold | Vp, Global Infrastructure, Digital Workplace And Enterprise Architecture (cto),ma&d Lead | Leadership |
Marc van der Ster | Director Tech Process Dev & Pilot Plant | Leadership |
Emilie Baude | Technical Operations Director | Leadership |
Kishore Gunturu | VP Finance Applications | Leadership |
Cindy Lu | Global Finance Director Fine Fragrances | Leadership |
Andre Bannwart | Director, Applications Food Ingredients - Latam | Leadership |
Mayra Souza | Group Director, Trade | Leadership |
Karen Stanton | Vp, Chief Marketing And Brand Officer | Leadership |
Tyler Ames | VP R&d Strategy, Portfolio, And PMO | Leadership |
Dattanand Kanakdande | VP - Innovation, Creation And Design, Global Fabric Care | Leadership |
Kwang Hyun Ahn | R&d Director | Leadership |
Meg Bao | Senior Pricing Director, Scent | Leadership |
Brenda Geib Heffelfinger | Senior VP - Strategy, Marketing, And Commercial Excellence, Health & Biosciences | Leadership |
Joa Kim | Vice President Perfumer | Leadership |
Tony Andrew | Vp, Global Business Segment Leader, Protein Solutions | Leadership |
Dan Bucci | Global Head Of Learning And Performance Enablement | Leadership |
Laurens Cuvelier | European Partner Distribution Lead | Leadership |
Uma Parasar | Director Flavor Strategy & Innovation | Leadership |
Andy Muller | President of Food Ingredients | Leadership |
Mohammed Ashour | Vice President | Leadership |
618 more people are available in the full profile.
Complete people profiles for Frutarom
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Financials of Frutarom
Figures of Taaja Flavours Private Limited, the primary company behind Frutarom, for FY 2023. Revenue was ₹5,200. Net loss was -₹53,800 (-1035% margin). EBITDA was -₹53,800 (-1035% margin). Revenue has grown at a compounded annual rate of +24% over three years and -3% over five years.
- ₹5,200Revenue · FY 2023
- -₹53,800Net loss · -1035% margin
- -₹53,800EBITDA · -1035% margin
- ₹1 LakhPaid-up capital
- +24%Revenue CAGR, 3 years
- -3%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Taaja Flavours Private Limited are on its company page.
Detailed financial statements for Frutarom
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Investments & Acquisitions by Frutarom
Frutarom has strategically engaged in corporate development activities, having acquired 35 companies. Notable acquisitions include AB-Fortis, AMcO and Algalo.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Natural active ingredients are manufactured for cosmetic and food industries. | ibrweb.com | Yavne, Israel | 2000 | Feb 2018 | $21M | |
Provider of food color products | bremil.com.br | 1987 | Dec 2017 | $73M | ||
Micronutrient supplements are provided to support immune function. | abfortis.com | Belgium | 2009 | Nov 2017 | •••• | |
Bio-functional lipid ingredients are developed for nutritional and pharmaceutical uses. | enzymotec.com | Kfar Saba, Israel | 1998 | Oct 2017 | $210M | |
Perfume and flavor extracts are produced in Israel since 1970. | turpaz.co.il | Holon, Israel | 1970 | Sep 2017 | $15.1M | |
Restaurants are operated in Niederuzwil, Switzerland, since 1949. | muehlehof-gewuerze.ch | Niederuzwil, Switzerland | 1949 | Aug 2017 | $7M | |
High-absorption nutritional supplements are manufactured by Nutrafur. | nutrafur.com | Alcantarilla, Spain | 1998 | Jun 2017 | $16.86M | |
Manufacturer of food flavourings and aromatic extraction services | rene-laurent.fr | Le Cannet, France | 1991 | Apr 2017 | $21.3M | |
Producer of flavors designed to provide emphasis on savory flavors | uniqueflavors.co.za | Centurion, South Africa | 2009 | Feb 2017 | $6.7M | |
Diversified food items are processed by PIASA in Mexico. | piasa.com | Ciudad Apodaca, Mexico | 1996 | Nov 2016 | $20.5M |
Complete acquisition details for Frutarom
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Timeline of Frutarom
14 dated milestones of Frutarom across 85 years, from founding to its latest funding, stage changes and deals.
- Founded Frutarom is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires PIASA.
- Acquisition Acquires Unique Flavors.
- Acquisition Acquires Rene Laurent.
- Acquisition Acquires Nutrafur.
- Acquisition Acquires Muhlehof Gewurze.
- Acquisition Acquires Turpaz Perfume and Flavor Extracts.
- Acquisition Acquires Enzymotec.
- Acquisition Acquires AB-Fortis.
- Acquisition Acquires Bremil.
- Funding First funding round of $20.8M.
- Acquisition Acquires IBR Web.
- Exit Acquired by IFF.
Web traffic of Frutarom
Websites that share an audience with Frutarom (frutarom.com).
Websites whose visitors overlap most with Frutarom. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| ungererandcompany.com | 100% | 1.2K | #14,334,216 | View details | |
ffs.com | ffs.com | 92% | #13,309,351 | – | |
| aprikus.com | 90% | View details | |||
| fragrance-india.com | 81% | #9,993,335 | View details | ||
amaromatics.com | amaromatics.com | 81% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
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Related news about Frutarom
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Frequently Asked Questions about Frutarom
Frutarom was founded in 1933 and raised its 1st funding round 85 years after it was founded.
Frutarom is headquartered in Haifa, Israel. It is registered at Haifa, Haifa District, Israel.
The primary company behind Frutarom, Taaja Flavours Private Limited, reported revenue of ₹5,200 for FY 2023.
Frutarom is a flavor and fine ingredients company and is numbered among the ten leading companies in the world, in the field of flavors and fragrances. It creates, develops, manufactures and markets an extensive variety of high quality flavors and fine ingredients for customers in the food, beverage, functional food, flavor, fragrance, pharmaceutical, nutraceutical, and cosmetic industries. It markets and sells over 60,000 products to more than 28,000 customers in 150 countries, has 27 RandD labs and 45 sales and marketing offices throughout the world and operates 20 production facilities in Europe, North America, Israel and Asia. Frutarom employs 1,500 employees worldwide.
Frutarom operates through Taaja Flavours Private Limited.
Yes. Frutarom was acquired by IFF in May 2018.
The legal entities of Frutarom currently have 2 directors, including Ramachandra Cholasmudram Ravichandran Reddy, Muniyappa.