M&A Deal Summary

Sensient Technologies Acquires Flavor Solutions

On July 17, 2021, Sensient Technologies acquired food company Flavor Solutions

Acquisition Highlights
  • This is Sensient Technologies’ 3rd transaction in the Food sector.
  • This is Sensient Technologies’ 7th transaction in the United States.
  • This is Sensient Technologies’ 2nd transaction in New Jersey.

M&A Deal Summary

Date 2021-07-17
Target Flavor Solutions
Sector Food
Buyer(s) Sensient Technologies
Deal Type Add-on Acquisition

Target

Flavor Solutions

Piscataway, New Jersey, United States
Flavor Solutions 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. The company 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. Flavor Solutions is based in Piscataway, New Jersey.

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Buyer(S) 1

Buyer

Sensient Technologies

Milwaukee, Wisconsin, United States

Category Company
Founded 1882
Sector Chemicals
Employees3,956
Revenue 1.5B USD (2023)
DESCRIPTION
Entrance to Sensient's corporate headquarters in downtown Milwaukee, Wisconsin.
Entrance to Sensient's corporate headquarters in downtown Milwaukee, Wisconsin.

Sensient Technologies is a manufacturer and marketer of colors, flavors and fragrances. Sensient Technologies was founded in 1882 and is based in Milwaukee, Wisconsin.


DEAL STATS #
Overall 19 of 20
Sector (Food) 3 of 3
Type (Add-on Acquisition) 14 of 15
State (New Jersey) 2 of 2
Country (United States) 7 of 7
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-29 New Mexico Chili Products

Deming, New Mexico, United States

New Mexico Chili Products is a dehydrated chili production facility that processes capsicums and a variety of specialty chilies for commercial sale to CPG food manufacturers, spice blenders, and foodservice customers. New Mexico Chili Products is based in Deming, New Mexico.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-04 Endemix Doğal Maddeler

Kocaeli, Turkey

Endemix Doğal Maddeler is a vertically integrated natural colors and extracts company. The company works with multinationals in Turkey and exports to customers throughout Europe, the Middle East, and Asia. Endemix Doğal Maddeler is based in Kocaeli, Turkey.

Buy -