M&A Deal Summary

Sensient Technologies Acquires New Mexico Chili Products

On March 29, 2021, Sensient Technologies acquired food company New Mexico Chili Products

Acquisition Highlights
  • This is Sensient Technologies’ 2nd transaction in the Food sector.
  • This is Sensient Technologies’ 6th transaction in the United States.
  • This is Sensient Technologies’ 1st transaction in New Mexico.

M&A Deal Summary
Date 2021-03-29
Target New Mexico Chili Products
Sector Food
Buyer(s) Sensient Technologies
Deal Type Add-on Acquisition

Target

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.

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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 18 of 20
Sector (Food) 2 of 3
Type (Add-on Acquisition) 13 of 15
State (New Mexico) 1 of 1
Country (United States) 6 of 7
Year (2021) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-23 Sensient’s Fragrances Business Unit

Milwaukee, Wisconsin, United States

Sensient’s Fragrances Business Unit comprises a wide range of aroma molecules and fragrances from natural and renewable sources.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-17 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.

Buy -
Mergr

Product

Company

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