American food ingredients company McCormick acquires maker of clean and natural flavours Fona International for US$710m

US – American multinational food ingredients company McCormick has announced the acquisition of Fona International, a manufacturer of clean and natural flavours for the food, beverage and nutritional markets, for US$710 million. As part of the deal, McCormick has purchased 100% of the shares of the privately-held US company to reinforce its global growth strategy. Founded in 1986, Fona International is an independent manufacturer of flavours with a focus on health and performance nutrition applications. Its acquisition will enhance the McCormick’s Flavor Solutions business unit, which provides flavors and flavor…

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