Expansion plans to remain in place as Mazza receives a continuing flow of new business opportunities
Mazza Innovation Ltd. announced that it has been acquired by Sensient Technologies Corporation, a global manufacturer and marketer of colors, flavors and fragrances. The acquisition is effective immediately and terms of the acquisition have not been disclosed. The Mazza plant extraction facility at the Delta, BC headquarters location will remain in place.
“We’re very pleased to join Sensient Technologies, a world leader in the production of colors, flavors and fragrances,” said Mazza Innovation CEO Benjamin Lightburn. “The acquisition by Sensient provides Mazza with a large new customer base, and a wide variety of new opportunities for our environmentally friendly extraction technology. It also provides a strong financial base for our rapid growth plans while also enabling our founders to benefit from their many years spent working to develop and commercialize this world-leading technology.”