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