date:Apr 02, 2014
Balchem Corp. plans to acquire Performance Chemicals Ingredients Co., doing business as SensoryEffects, for $567 million in cash, according to a definitive agreement reached by the two companies and announced March 31.
SensoryEffects expects to have 2014 revenues of about $260 million and 2014 EBITDA of about $53 million. Based in St. Louis, SensoryEffects supplies customized food and beverage ingredients and products through three business units: SensoryEffects Powder Systems in Defiance, Ohi