70 Jobs To Remain In Mahwah After Fragrance Company's Acquisiton

Seventy jobs will remain in Mahwah as part of Lucta S.A.’s acquisition of Flavor & Fragrance Specialties Inc.

Keeping the company in Mahwah was the “main driver behind the acquisition,” said Mike Bloom, Flavor’s president.

“Keeping the current workforce, that was extremely important. Nobody is leaving here,” Bloom said. “Lucta had no intention of doing the deal without everyone staying here.”

Flavor & Fragrance Specialities, Inc. creates flavors for coffee, tea, instant cappuccino, and other hot and cold drinks. The company was founded in 1983.

The company’s manufacturing plant is based in Baltimore, Md., but 70 people in sales, marketing, research and development, and information technology work in Mahwah.

“This is another example why more businesses should take a second look at Mahwah and what we have to offer they are considering relocation,” Mahwah Mayor William Laforet said in a statement.

(Pictured: Mike Bloom, F&FS president, Carlos Ventos, CEO Lucta S.A., Willy Palmer vice president of F&FS, Mahwah Councilwoman Mary Amaroso, Mayor Bill Laforet, Albert Xambo, deputy director of Lucta S.A.’s American operations, Carlos Prada, senior advisor and past president of Lucta S.A., and Antonio Lucas CFO, Lucta S.A.\Courtesy of Flavor & Fragrance Specialities, Inc.)