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Balchem Acquires SensoryEffects for $567 Million
Posted: April 1, 2014
Balchem Corp. (New Hampton, NY), which operates in the functional foods space and offers microencapsulation, has agreed to acquire Performance Chemicals & Ingredients Company (St. Louis; d/b/a SensoryEffects), a privately held supplier of customized food and beverage ingredient systems, for $567 million in cash.
Balchem said SensoryEffects accelerates its strategic growth plans into health and wellness markets: human, food and animal nutrition systems.