ICL Food Specialties to purchase EU-based functional dairy proteins company
January 28, 2015
ICL, a global manufacturer of products that fulfill essential needs in the agriculture, processed food and engineered materials markets, announced that its ICL Food Specialties business unit (“ICL FS”) has entered into a share purchase agreement (“SPA”) to acquire Prolactal GmbH, and its subsidiary, Rovita GmbH (collectively, “Prolactal”). Prolactal, based in Hartberg, Austria, and Engelsberg, Germany, is a leading European producer of dairy proteins and other ingredients for the food and beverage industries.
