# Frutarom to acquire Enzymotec for approximately US$210 million

Frutarom Industries Ltd. announced that Enzymotec shareholders approved the merger transaction. Frutarom will pay approximately US$210 million net of cash, deposits and securities to acquire full ownership of Enzymotec, which will become a wholly-owned subsidiary. Completion is expected within 30 days.

- Type: Acquisition
- Announced: 2017-12-12
- Where: Israel
- Value: $210.0M
- Status: announced
- Products: natural specialty fine ingredients, flavors
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Frutarom Industries](https://endata.com/companies/19629.md) (acquirer)
- [Enzymotec](https://endata.com/companies/28753.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2017/12/12/1252874/31285/en/Merger-Deal-between-Enzymotec-and-Frutarom-Approved-by-99-9-Majority-of-Enzymotec-Shareholders.html), 2017-12-12: "Frutarom will pay approximately US$210 million net of cash, deposits and securities in Enzymotec’s treasury (including the cost of redeeming options and RSUs plus projected transaction costs)."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.