HAIFA, Israel—Frutarom Industries Ltd. received the 2007 European Frost & Sullivan Fastest Growing Company of the Year Award in the Food Flavors market. According to Frost & Sullivan, Frutarom was “successful in adopting a rapid growth strategy, combining profitable organic growth and acquisitions, which has bolstered its position in the global flavors market.”
According to Ori Yehudai, president and CEO, Frutarom (Frutarom.com): "Receiving the award is a great honor. This win reflects the success of Frutarom's rapid growth strategy, achieving accelerated organic growth in its core activities together with executing strategic acquisitions. Frutarom's growth comes, among others, by continuing to create added value for customers and by focusing on both large multinationals and mid size and local customers, as well as from the accelerated shift of many leading food companies to the use of natural flavors and ingredients, with the emphasis on clean labels and functional and organic food."
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