Sensient Technologies Acquires Mazza Innovation
Sensient Technologies Corporation (SXT)
Last sensient technologies corporation earnings: 2/14 06:55 am
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Source: PR Web
MILWAUKEE (PRWEB) July 13, 2018 Sensient Technologies (NYSE: SXT), today announced that it has acquired Vancouver-based Mazza Innovation Limited, a global leader in botanical extraction technology. The addition of Mazza Innovation is a major step in the evolution of Sensient's "seed to shelf" strategy to innovate across the value chain for natural and organic ingredients. Mazza's patented solvent-free clean extraction technology expands current extraction capabilities to deliver pure and clean color, flavor, functional nutraceutical, and skin care ingredients. The acquisition will leverage Sensient's robust agronomy and sustainable sourcing programs for plant materials as well as the Company's strong extract refinement and application expertise."I am excited about both the immediate and longer term possibilities for our R&D efforts," said Mike Geraghty, President of Sensient Colors LLC. "Many of the botanical color sources used today require chemical solvents or high temperatures to
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