HAIFA, Israel—Frutarom Industries Ltd. signed an agreement to acquire the Savory activity and assets of Chr. Hansen A/S (CH) in Germany for approximately $7.3 million in cash. The Savory Functional Systems activities of CH develops, produces and markets unique and innovative savory solutions, including flavors, seasoning compounds and functional ingredients for the food industry, with special emphasis on the fields of processed meat and convenience food.
