Consumer & Retail, Global | Mergers & Acquisitions

Lesaffre Acquires Division of Sensient

  • LeSaffre et Compagnie, based in France, is the world’s leading producer of yeast and yeast extracts
  • LeSaffre retained TM Capital as advisor regarding the acquisition of Red Star yeast, the largest North American supplier of baker’s yeast and a division of Sensient Technologies Corp. (NYSE: SXT)
  • TM Capital assisted LeSaffre in negotiating and completing the $109 million acquisition of Red Star from Sensient, enabling LeSaffre to become the category leader in North America

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