Israel's Frutarom Pays $52m for U.S. Company Hagelin

Comes on heels of flavoring company's acquisitions of Russian, Guatamalan firms.

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Frutarom Industries, the Israeli flavorings and specialty ingredients company, said Thursday it had acquired U.S.-based Hagelin Company for $52.4 million (183.8 million shekels) in cash to expand its product...