improve it or discuss these issues on the talk page . learn how and when to remove these template messages this article needs additional citations for verification . please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . august 2012 learn how and when to remove this template message this article contains content that is written like an advertisement . please help improve it by removing promotional content and inappropriate external links and by adding encyclopedic content written from a neutral point of view . february 2012 learn how and when to remove this template message learn how and when to remove this template message frutarom industries ltd. type public traded as lse frut tase frut industry chemicals founded 1933 ; 83 years ago 1933 founder yehuda araten and maurice gerzon headquarters haifa israel key people ori yehudai president and ceo dr. john j. farber chairman 1 products flavors and fragrances revenue us 872.8 million 2015 2 operating income us 130.25 million 2015 2 net income us 96.08 million 2015 2 total assets us 1 318.48 million 2015 2 total equity us 551.68 million 2015 2 number of employees 2 700 parent icc industries inc. website www.frutarom.com frutarom industries ltd. is a flavor and fragrance company based in haifa israel . in 2015 it had sales of over 872 million . 3 the company s shares are traded on the london stock exchange and the tel aviv stock exchange where it is a constitute of the ta 25 index of leading shares . contents 1 overview 2 history 3 references 4 external links overview edit the frutarom group is a flavor and ingredients company . the company develop manufacture and market an extensive variety of flavors and ingredients catered to customers in a range of industries food beverage flavor fragrance pharmaceutical nutraceutical food additive and cosmetic . frutarom s some 20 000 products are sold to more than 10 000 customers in 120 countries around the world . the frutarom group has 1 900 employees worldwide with manufacturing facilities located in europe north america israel and asia . frutarom operates through two major divisions flavors division develops produces and markets flavor compounds and food system solutions . fine ingredients division develops produces and markets flavor extracts functional food ingredients pharmaceutical nutraceutical extracts specialty essential oils citrus products and aroma chemicals . history edit frutarom was established by yehuda araten and maurice gerzon two industrialists from the netherlands in 1933 . they chose to build their first plant in an almost desert like area between haifa and acco in israel making frutarom one of israel s earliest industrial enterprises . in 1952 frutarom became a subsidiary of the newly established electrochemical industries frutarom ltd eif . by 1973 icc industries owned by dr. john j. farber became the controlling party of eif and frutarom . since the 1990s frutarom has expanded by establishing itself overseas beginning with the acquisition of a small us company in 1990 . frutarom now has subsidiaries in israel the united states the uk switzerland russia turkey china ukraine kazakhstan and brazil plus marketing offices in france romania india and hong kong . in 1996 frutarom listed on the tel aviv stock exchange . the company was formerly known as frutarom newco 1995 ltd but changed its name to frutarom industries ltd. in 1996 . 4 on 22 february 2005 frutarom raised approximately us 71 million by listing 10 000 000 global depository receipts on the london stock exchange s main market . 5 on february 5 2009 new york city mayor michael bloomberg identified a hudson county frutarom facility that processes fenugreek seeds as the source of a mysterious maple syrup smell that has periodically filled the city since october 2005 . the most recent maple syrup event occurred january 29 2009 . while numerous calls were placed to the city s 311 non emergency complaint hotline on days when the odor was noticed by new yorkers the mayor and the new york city department of environmental protection have determined that the smell is not harmful . it was announced in november 2013 that frutarom would acquire 75 % of russia s protein technologies ingredients for 50.3 million with an option to acquire the remaining quarter stake held by the cyprus based firm vantodio holdings within three years . 6 in may 2015 the company announced it had signed a deal to acquire 95 percent of investissements bsa a flavourings producer based in montreal for a fee of 35.6 million as part of its expansion plans into the north american region as well as india . 7 in august 2016 frutarom acquired the irish company redbrook for 40 million euros . 8 references edit executive profile john j. farber businessweek a b c d e financial times markets data company s 2008 investor relations presentation retrieved 2009 10 07 http investing.businessweek.com research stocks snapshot snapshot.asp ticker frut it frutarom welcomed to main market london stock exchange february 2005 tova cohen 18 november 2013 . israel s frutarom agrees to buy 75 percent of russia s pti . reuters . steven scheer 17 may 2015 . israel s frutarom to buy 95 percent of canada s bsa . reuters . retrieved 18 may 2015 . http www.globes.co.il en article frutarom buys irish savory solutions co redbrook for 45m 1001143728 external links edit frutarom website v t e companies of the ta 25 index companies of israel avner oil exploration azrieli group bezeq cellcom delek delek drilling elbit systems fibi frutarom gazit globe hapoalim israel chemicals israel corporation israel discount bank isramco leumi mizrahi tefahot nice opko health ormat technologies osem paz oil company perrigo company strauss group teva retrieved from https en.wikipedia.org w index.php title frutarom & oldid 734099755 categories companies listed on tasecompanies listed on the london stock exchangeflavor companiesfragrance companiesmanufacturing companies of israelisraeli companies listed on the london stock exchangecompanies based in haifachemical companies of israelhidden categories articles needing additional references from august 2012all articles needing additional referencesarticles with a promotional tone from february 2012all articles with a promotional tone navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages deutschfran ais edit links this page was last modified on 12 august 2016 at 03 59 . text is available under 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