Industry Leading Extraction Technology Enables Flavor and Color Innovation
Sensient Technologies (NYSE: SXT), today announced that it has acquired Vancouver based Mazza Innovation Limited, a global leader in botanical extraction technology, for an undisclosed amount.
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 leading edge plant extraction technology better enables Sensient to meet customer demand for pure ingredients in their food and beverage, nutraceutical, and personal care products.
Paul Manning, Chairman, President, and Chief Executive Officer of Sensient Technologies commented, “This acquisition is extremely significant for Sensient and our customers. The combination of our color and flavor expertise and Mazza’s revolutionary technology will allow us to conduct extraction from natural plant sources using environmentally friendly extraction methods – including water only extractions – instead of traditional chemical solvents. This technology will enable us to work with leading food, cosmetics, and nutraceutical brands to create cost effective, clean label products that deliver on consumer expectations for taste, color, and functionality.”
Source: Sensient
