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Sensient Technologies Acquires Assets of Flavor Solutions, Inc.

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Sensient Technologies Corporation (NYSE: SXT) completed the acquisition of Flavor Solutions, Inc. on July 15, 2021. This acquisition strengthens Sensient's flavor portfolio, adding savory reaction flavors, natural shelf-life extenders, and technology for sweetness enhancement and salt reduction. CEO Paul Manning highlighted the strategic importance of this deal, noting that it will enhance technical solutions and customer relationships. The acquisition positions Sensient to better serve the food, beverage, and nutraceutical markets.

Positive
  • Acquisition expands Sensient's flavor portfolio with new technologies.
  • Addition of savory reaction flavors and taste-modulation technologies.
  • Strengthens technical solution capabilities and customer relationships.
Negative
  • None.

Sensient Technologies Corporation (NYSE: SXT) announced that it acquired the assets of Flavor Solutions, Inc. on July 15, 2021. The business provides flavors and flavor technologies to the food, beverage, and nutraceutical markets.

“The acquisition of this business will allow Sensient to expand its flavor portfolio and add key technologies to strengthen its technical solution capabilities,” said Paul Manning, Chairman, President, and Chief Executive Officer of Sensient Technologies Corporation. “I am excited to welcome the Flavor Solutions team to Sensient and to support the strong customer relationships that the team has built.”

The acquisition of this business grows Sensient’s flavor portfolio through the expansion of its traditional flavor offering as well as the addition of savory reaction flavors, natural shelf-life extender technologies, and additional sweetness enhancing and salt reduction taste-modulation technology platforms.

ABOUT SENSIENT TECHNOLOGIES

Sensient Technologies Corporation is a leading global manufacturer and marketer of colors, flavors, and other specialty ingredients. Sensient uses advanced technologies and robust global supply chain capabilities to develop specialized solutions for food and beverages, as well as products that serve the pharmaceutical, nutraceutical, cosmetic, and personal care industries. Sensient’s customers range in size from small entrepreneurial businesses to major international manufacturers representing some of the world’s best-known brands. Sensient is headquartered in Milwaukee, Wisconsin.

www.sensient.com

ABOUT FLAVOR SOLUTIONS, INC.

Flavor Solutions, Inc. is a custom product and flavor development company that combines the art and science of flavor technology with other food science technologies to provide its customers with innovative, applied technology delivery systems for products. Flavor Solutions, Inc. serves some of the world’s most prominent producers of prepared foods and beverages, and leaders in the culinary, food service, beverage and nutraceutical industries.

www.flavorsolutionsinc.com

FAQ

What did Sensient Technologies acquire on July 15, 2021?

Sensient Technologies acquired the assets of Flavor Solutions, Inc.

How does the acquisition of Flavor Solutions impact Sensient Technologies?

The acquisition enhances Sensient's flavor portfolio by adding new technologies and strengthening its market position.

What technologies were included in the acquisition of Flavor Solutions?

Sensient added savory reaction flavors, natural shelf-life extenders, and taste-modulation technology platforms.

What markets does Flavor Solutions serve?

Flavor Solutions serves the food, beverage, and nutraceutical markets.

What is the significance of the acquisition for Sensient's business strategy?

The acquisition aligns with Sensient's strategy to develop advanced flavor technologies to meet customer needs.

Sensient Technology Corporation

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