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Published in TZ Latest News 28 October, 2017 by The TZ Newswire Staff

Enzymotec Enters Definitive Agreement to be Acquired by Frutarom

MIGDAL HA’EMEQ, Israel, Oct. 29, 2017 (GLOBE NEWSWIRE) — Enzymotec Ltd. (Nasdaq:ENZY), a developer, manufacturer and marketer of innovative bio-active lipid ingredients and nutritional products, today announced that it has signed a definitive agreement under which Frutarom, an Israeli company (LSE:FRUT) (TASE:FRUT), will acquire Enzymotec for $11.90 per share in cash.  The transaction will be completed by way of a merger under the Israeli Companies Law.