Sensient Technologies has announced its acquisition of Mazza Innovation Limited, a Vancouver-based botanical extraction technology company.
The amount of the acquisition was not disclosed. Mazza Innovation’s addition is the latest move in Sensient’s ‘seed to shelf’ strategy to innovate natural and organic ingredients across the value chain. Mazza’s plant extraction technology will better enable Sensient to meet demand for pure ingredients in food and beverage, nutraceutical and personal care products.
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“This acquisition is extremely significant for Sensient and our customers,” said Paul Manning, chairman, president and CEO of Sensient Technologies. “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.”