# Frutarom acquires 51% of Brazil's Bremil for $30M

Frutarom completed the purchase of 51% of the shares of Brazilian savoury solutions producer Bremil for approximately $30 million. The deal includes an option to buy the remaining shares after five years.

- Type: Acquisition
- Announced: 2018-06-04
- Where: Passo Fundo, Rio Grande do Sul, Brazil
- Value: $30.0M
- Status: completed
- Products: savoury solutions, seasoning blends, marinades, flavours, coatings, texture solutions, food protection
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Frutarom](https://endata.com/companies/31739.md) (acquirer)
- [Bremil](https://endata.com/companies/32339.md) (target)

## Sources

- [ingredientsnetwork.com](https://www.ingredientsnetwork.com/frutarom-acquires-51-of-brazil-s-bremil-news073237.html), 2018-06-04: "Frutarom has completed the transaction for the purchase of 51% of the shares of the Brazilian company Bremil, a producer of savoury solutions, for a consideration of approx. $30 million."

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