Lesaffre acquires Sensient yeast extract business

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Lesaffre acquires Sensient’s Strasbourg yeast extract food business in order to widen its range of yeast extracts products

Lesaffre has acquired Sensient Technologies’ Strasbourg, France-based yeast extract food business and processing plant. Terms of the transaction were not announced.

As part of its ongoing expansion strategy in nutrition and health, Lesaffre, a global key player in the yeasts and fermentation industry announces the acquisition of Sensient‘s Strasbourg yeast extract food business and yeast extract facility.

Sensient’s facility produces and sells brewer’s yeast extracts and yeast cell walls in particular for the human savory and animal feed industries. This operation, based at the Port Autonome de Strasbourg, was part of the Sensient Technologies group, a global producer of flavors, colors and fragrances.

This acquisition is completely in line with Lesaffre’s development strategy in the field of Nutrition and Health. Lesaffre will give a new impetus to the Strasbourg production unit by providing it with the industrial and financial resources for new developments.

“This acquisition will strengthen our presence in the growing markets of brewer’s and baker’s yeast extracts and will provide a solid addition to the Lesaffre range. We are excited about this growth in our business which underlines our commitment to meeting our customer needs” said Antoine Baule, CEO of Lesaffre.

Renamed Lesaffre Culinary Strasbourg, this operation employs 72 persons.

Source: Lesaffre