IHS Chemical Week

Chemweek's lab

Balchem to acquire food ingredients maker SensoryEffects

9:20 AM MDT | April 1, 2014 | Vincent Valk

Balchem says it has agreed to acquire SensoryEffects (St. Louis), a privately-held maker of food and beverage ingredients, for $567 million. SensoryEffects’ 2014 revenues should total about $260 million, and the purchase price represents a multiple of about 10.7 times (x) the company’s expected 2014 Ebitda, Balchem says. The deal is expected to close within forty days and be immediately accretive to Balchem’s earnings.

SensoryEffects’ ingredients provide taste, texture, solubility, aroma and color to food and beverage products. The company works within solid, liquid and powder beverage systems, and operates in three segments – powder systems, flavor systems and cereal systems. It has over 400 employees and six manufacturing sites.

“The prospects of a combined Balchem and SensoryEffects will canvass an even broader range of food customers. The united experience and technical problem solving capabilities will ultimately make our company one of the most comprehensive food ingredient solution companies globally," says Balchem chairman and CEO Dino Rossi.

contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa