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  September 5, 2001
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Home > Company Index > Food, Beverage & Tobacco > Miscellaneous Food Products > M&F Worldwide Corp.

M&F Worldwide Corp.
NYSE: MFW
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 PROFILE
Licorice anyone? Through subsidiary Pneumo Abex, M&F Worldwide is the world's largest maker of licorice extract and other non-licorice herbal products for the tobacco, pharmaceutical, and food industries. Over 60% of its sales are to tobacco companies (Philip Morris accounts for about 30% of all sales) for use as flavoring and moistening agents in tobacco products. The company also processes some non-licorice flavors and plant products. M&F Worldwide acquires most of its licorice root from Asia and the Middle East. Board member Ron Perelman owns 32% of the company but controls over 50% of the voting stock through Mafco Holdings (part of MacAndrews & Forbes Holdings).

 COMPETITION
Hauser, Inc. (HAUS)
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Stearns & Lehman, Inc. (SLHN)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 91.80
1-Yr. Sales Growth: (4.3)%
Employees: 307
Revenue per employee: $299,022.80

 KEY PEOPLE
• Howard Gittis
    CEO
• Todd J. Slotkin
    CFO

 CONTACT INFO
35 E. 62nd St.
New York, NY 10021
US
Phone: 212-572-8600
Fax: 212-572-8400

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