Frutarom Industries Ltd. has entered an agreement to acquire 70% stake in Meroaromas S.A. (Meroar SA) for $11.2m.

The remaining shares of Meroaromas can also be acquired after completion of three years of the transaction under the agreement.

The acquisition will be funded by Frutarom through a bank debt facility.

Based in Ireland, Frutarom produces flavors and fine ingredients for the food and beverages sectors.

Crown Baus Capital Corporation has completed the acquisition of 100% stake in German alcoholic cannabis beer producer Cannabia for an undisclosed sum.

Based in Canada, Crown Baus is an acquisition-based conglomerate focused on drug development, high-tech incubation, entertainment and media sectors.

Upon completion of the transaction, Cannabia will become a subsidiary of Crown Baus Capital.

“The acquisition will be funded by Frutarom through a bank debt facility.”

The acquisition will allow Crown Baus Capital to grow its business.

US-based private equity and venture capital firm KEEN Growth Capital has completed the acquisition of Dahlicious, LLC for an undisclosed sum.

Dahlicious produces organic, probiotic-dense Indian style lassi and yoghurt in the US.

The transaction will support the acquirer’s strategy to promote nutritional well-being and disease-mitigating and life-enhancing science and technology.

NUTRISENS SAS in collaboration with Evolem SA and Unigrains has acquired VEGENAT HEALTHCARE SL.

Based in Spain, VEGENAT HEALTHCARE offers dietetic food and clinical nutrition products, while NUTRISENS produces and sells nutrition and health food products in France.

The transaction will enable the acquirer to strengthen its European position in the clinical nutrition market.