The Digest’s Top 10 Innovations for the week of May 17th, 2018

#10 IFF doubles down on naturals with $7.1-billion acquisition of Frutarom

In New York, International Flavors & Fragrances has agreed to acquire Tel Aviv’s Frutarom in a deal worth $7.1 billion.

IFF says acquisition will establish the company as a leader in natural taste, scent, and nutrition. Frutarom markets and sells over 70,000 products to more than 30,000 customers in over 150 countries. More than 75% of Frutarom’s sales are in natural products, including natural colors, health and beauty ingredients, natural food protection and enzymes.