McCormick & Company has paid $710 million to acquire FONA International, a leading manufacturer of clean and natural flavors, as well as certain of its affiliates. Headquartered in Illinois, FONA has a state-of-the art manufacturing and technical innovation center, and employs approximately 220 workers. McCormick plans to retain the FONA brand.
McCormick Acquires FONA International
With the purchase, McCormick will accelerate its flavor platform in the Americas and strengthen its position in clean and natural flavors.
Dec 30th, 2020
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