THE GROUP LUCTA PURSUES ITS GLOBALIZATION STRATEGY
12-02-2015 / by Lucta/ category : News & Activities
On February 3, 2015, the Group Lucta acquired the majority of a top rank US flavors and fragrances company: FLAVOR & FRAGRANCE SPECIALTIES INC.,(FFS). FFS, with 32 years of history, is a family owned company, well renowned in the market for its excellent track record, with offices in New Jersey and manufacture facilities in Baltimore that shares the same Lucta values based on quality and commitment of its staff, excellence at work and differentiated service to its customers. The synergies achieved with this transaction have a great strategic value for both companies. Lucta benefits from a solid design and production platform in order to develop such a large and dynamic market as that of the U.S. On the other hand, FFS becomes part of a company with a wide international presence and an important know-how in strategic sectors. The addition of talent of both companies makes our group all the more strong and by expanding our presence and geographical coverage we reinforce our position as a supplier of flavors and fragrances.