Wisconsin-headquartered Sensient Technologies Corporation (SXT), on Monday said it acquired the assets of privately held Flavor Solutions, Inc., a company that provides flavors and flavor technologies to the food, beverage, and nutraceutical markets. The financial details of the acquisition have not been disclosed.
The acquisition is expected to allow Sensient, a global manufacturer and marketer of colors, flavors, and other specialty ingredients to expand its flavor portfolio by expanding its traditional flavor offering as well as adding savory reaction flavors.
Sensient is also expected to gain by the technologies for natural shelf-life extension, additional sweetness enhancement and also salt reduction taste-modulation.
The shares of Sensient Technologies had closed at $82.25 on July 16, 2021, down $1.49 or 1.78 percent from previous close.
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