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FOR IMMEDIATE RELEASE
SENSIENT TECHNOLOGIES ACQUIRES PARTNERS’ INTEREST IN LES COLORANTS WACKHERR DO BRASIL
Transaction Strengthens Presence in Rapidly Growing Market
MILWAUKEE, October 19, 2011 – Sensient Technologies Corporation (NYSE: SXT) today announced that it has reached agreement to acquire its joint venture partners’ interest in Les Colorants Wackherr do Brasil. The transaction is expected to be completed before the end of the year and will give Sensient full ownership of the cosmetic color and ingredients company. The business is located in Sao Paulo, Brazil and generates annual revenues of approximately $9.5 million. Terms of the deal were not disclosed.
Les Colorants Wackherr do Brasil supplies cosmetic ingredients for a range of applications, including nail polish, mak