Analyst Note
| Andrew Lane |On Nov. 23, Sensient announced the sale of its fragrance business to Symrise. Given that no deal terms were released, we are assuming the transaction is value-neutral for Sensient shareholders.
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On Nov. 23, Sensient announced the sale of its fragrance business to Symrise. Given that no deal terms were released, we are assuming the transaction is value-neutral for Sensient shareholders.
Sensient Technologies manufactures and markets synthetic and natural colors, flavors, and extracts. The company has a widespread network of facilities around the globe, and its customers operate across a variety of end markets. Sensient’s offerings are predominantly applied to consumer-facing products, including food and beverage, cosmetics and pharmaceuticals, and specialty inks and colors.