Established in 1933, Frutarom is a rapidly growing global flavor and fine ingredients company and is numbered among the ten leading companies in the world, in the field of flavors & fragrances.
Frutarom 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. Frutarom markets and sells over 20,000 products to more than 10,000 customers in 120 countries, has 27 R&D 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 Industries Ltd. is a public company whose stock is listed on the Tel Aviv and London Stock Exchanges. As of January 1, 2003 Frutarom was included in the Tel Aviv 100 Index. Frutarom's major shareholder (approximately 37%) is ICC Industries Inc., a New York-based holding company that operates mainly in the chemical, pharmaceutical and plastic industries.
Frutarom operates through two divisions:
- · Flavors Division (constituting some two thirds of the company's sales volume) which develops, produces and markets flavors, savory solutions, seasonings and food systems.
- · Fine Ingredients Division, which develops, produces and markets natural flavor extracts, functional food ingredients, natural pharmaceutical/ nutraceutical extracts, specialty essential oils, citrus products and aroma chemicals.
Our vision is:
To be the Preferred Partner for Tasty and Healthy Success.
Our vision reflects our commitment to delivering the tastiest and healthiest solutions to our customers. Our ability to meet the constantly changing needs of consumers through innovative and comprehensive solutions ensures our customers a totally satisfying experience.
Frutarom actively implements a successful, rapid growth strategy combining above industry averages organic growth of its core activities, with strategic acquisitions of synergetic companies and activities. Since 1990 Frutarom has acquired twenty four businesses. The successful execution of Frutarom's rapid growth strategy is well reflected in its financial results. Revenues have increased from US$ 101.2 million in 2001 to US$143.7 million in 2003 and US$ 473.3 million in 2008. At the same time, net profit has grown from US$ 4.2 million in 2001 to US$ 8.9 million in 2003 and US$ 37.2 million in 2008.
Frutarom sees research and innovation as a core competency. Frutarom's worldwide R&D team benefits from a wealth of experience accumulated over 75 years, as well as the advantage of a broad range of in-house raw materials and close collaborations with universities, research institutes and start-ups.
The company is headed by its President & CEO, Mr. Ori Yehudai.