Sensient Technologies Corporation to Sell Its Yogurt Fruit Preparations Product Line to Frulact

Author's Avatar
Jun 23, 2020
Article's Main Image

Sensient Technologies Corporation (NYSE: SXT) announced today that it has entered into a definitive agreement to sell certain assets related to the production of its yogurt fruit preparations product line to Frulact. As a result of this transaction, Sensient will be named a core supplier of flavors, colors, and other related products used by Frulact in its fruit preparation business. The transaction is expected to close in the third quarter of 2020.