Benzinga | Jul 19, 2021 06:56AM EDT

Sensient Technologies Acquires Assets of Flavor Solutions; No Terms Disclosed

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.