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Frutarom UK Limited, one of the world’s 10 largest companies in the field of flavours and speciality fine ingredients announced today that it has entered into an equity partnership with one of India’s leading flavour and fragrance manufacturer, Sonarome Private Limited.
Sonarome, one of India’s leading flavour and fragrance manufacturer was founded in 1981 in Bangalore, India. Besides a pan India presence, Sonarome has developed profound knowledge of the market and industry through their offering of unique products and excellent customer service. The founders of Sonarome, Mr. T.S. Gulhati, Mrs. R. Gulhati and Mr. N. Gulhati will continue in their present management roles. Mr. T.S. Gulhati, Chairman of Sonarome said, “This partnership will benefit both companies in their growth strategies and will allow us to offer many other products to our existing customers. Our knowledge of the Indian market and Frutarom’s global strength will create a perfect partnership.”
Multinational company
Frutarom is a multinational company operating in the global flavours and fine ingredients markets. Frutarom has significant production and development centres on four continents and sells over 31,000 products to over 16,000 customers in more than 150 countries. Frutarom UK is listed on the London Stock Exchange (LSE: FRUT) and is headquartered in Wellingborough, UK.
Quality and service
Sonarome export their products to 45 countries in Africa, Middle East, Far East, North America and enjoy impeccable reputation for consistent high quality and world class customer service. Among Sonarome’s 3000 customers are several India based MNCs and other large Indian corporates. Sonarome is ISO 22000 and GMP/IPEC certified. Besides a full line of flavours and fragrances, Sonarome also offers encapsulated flavours and encapsulated natural products, such as natural honey powder. KPMG Corporate Finance acted as exclusive financial advisors to Sonarome and its shareholders.
For further information, please contact sonarome@sonarome.com Sonarome Private Limited One Sonarome Way KIADB Industrial Area Doddaballapur, Bangalore 561203, India