Grow Company: Frutarom : spree continues: Buys US co Grow for $20m

(4-traders.com) Jan. 12--Frutarom Industries Ltd. (TASE: FRUT; LSE:FRUT; OTCBB:FRUTF) has bought 100% of the shares of US-based Grow Company Inc. for $20 million. The purchase agreement includes a mechanism for future consideration conditional on the company's business performance during the year following the purchase date. The transaction was financed through...http://www.4-traders.com/FRUTAROM-INDUSTRIES-LTD-6496238/news/Frutarom-spree-continues-Buys-US-co-Grow-for-20m-21680257/