Dublin’s food seasoning specialist Redbrook acquired for €40m

Dublin-headquartered food seasoning specialist Redbrook has been acquired by Israeli firm Frutarom for $44.8m (€40m) with potential for the final cost to rise.

The purchase agreement includes a mechanism for additional consideration to be paid, based on Redbrook’s future business performance.

The Israeli flavours and specialty ingredients company said the acquisition would continue the implementation of its rapid and profitable growth strategy.