Sensient Technologies Acquires Endemix, Terms Not Disclosed

Sensient Technologies Corporation (NYSE:SXT) announced that it has acquired Endemix Doğal Maddeler A.Ş. (Endemix). Endemix, located in Turkey, is a vertically integrated natural color and extracts company servicing the

Sensient Technologies Corporation (NYSE:SXT) announced that it has acquired Endemix DoÄŸal Maddeler A.Åž. (Endemix). Endemix, located in Turkey, is a vertically integrated natural color and extracts company servicing the food and beverage markets.

“The acquisition of Endemix allows Sensient to further expand its vertical integration for key natural colors and add extraction and refining capacity, further strengthening our position as a leading natural color solutions provider,” said Paul Manning, Chairman, President, and Chief Executive Officer of Sensient Technologies Corporation. “I am excited to welcome the Endemix team to Sensient and to work to capitalize on the robust R&D and supply chain they have developed.”

The acquisition of this business strengthens Sensient’s extensive natural color portfolio capabilities and puts Sensient operations closer to key botanical growing areas. This is a testament to Sensient’s focus and commitment to provide natural solutions to support our customers in meeting demands for healthier, cleaner products.

Total
0
Shares
Related Posts
Read More

US Stocks Start New Trading Week On Negative Note Amid Lack Of Clarity On Rate Outlook — China Stocks Rip Higher; Apple, Tesla In Spotlight

The index futures are pointing to a moderately lower opening by Wall Street stocks on Monday after the averages closed Friday’s session narrowly mixed in reaction to the November non-farm payrolls report.

AAPL