Sensient Technologies Corp SXT

Incorporated in 1882, Sensient Technologies Corporation is a leading global producer of natural and synthetic flavours, colours, and other ingredients for the food and beverages market. It also supplies the cosmetics, personal care, and pharmaceutical sectors. Ingredients manufactured by Sensient are sold in over 150 countries around the world. Its main headquarters are located in Milwaukee, Wisconsin. The Flavors and Extracts Group has its headquarters in Hoffman Estates, Illinois, while the Colors Group is based in St Louis, Missouri. Sales and marketing functions are based in Singapore, and manufacturing operations are located in several countries in the Asia-Pacific region. As of December 2021, the company employs over 4,000 people worldwide.

Originally founded as Meadow Springs Distillery, the company evolved into Red Star Yeast during the Prohibition years, and was renamed in the 1960s to Universal Foods as the company expanded from producing yeast into manufacturing a wide range of foods. In 2000, Universal Foods was rebranded as Sensient Technologies, which now focuses on innovative colour, fragrance, and flavour ingredients.

Sensient Technologies Corporation stock is traded on the NYSE under the ticker SXT. In July 2021, Sensient acquired the assets of Flavor Solutions, Inc., a company specialising in flavour and shelf-life enhancing technology.

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