Estudio Echecopar (Baker & McKenzie) and Philippi Prietocarrizosa Ferrero DU & Uría advised on the deal
Sensient Technologies (NYSE: SXT) has reached a definitive agreement to acquire the natural color business of GlobeNatural, a leading natural food and ingredient company based in Lima, Peru, owned by the Michell Group. The transaction is expected to close in the first quarter of 2018. The new entity will operate as Sensient Natural Colors Peru S.A.C.
GlobeNatural brings more than 25 years of experience in the sourcing, manufacturing, and exporting of natural food ingredients. The natural colors are used in a wide range of food and beverage applications in every region of the world.
Sensient Technologies Corporation supplies colors, flavors, and fragrances. The company, led by Paul Manning, Robert J Wilkins and
Gautam S Grover, in 2017 recorded $1.362 Million Revenues.
Estudio Echecopar (Baker & McKenzie) advised Sensient Technologies Corporation with Inés Baca (Picture), Fernando Sam, Alexandra Carranza, Guillermo Torrejón and Claudia Tenorio.
Philippi Prietocarrizosa Ferrero DU & Uría advised GlobeNatural Internacional S.A. with Javier Ezeta, Víctor Abad, José Antonio de Izcue, Carlos González-Prada.
Involved fees earner: Javier Ezeta – Philippi Prietocarrizosa Ferrero DU & Uría; Jose Antonio de Izcue Tillit – Philippi Prietocarrizosa Ferrero DU & Uría; Carlos González-Prada Arriarán – Philippi Prietocarrizosa Ferrero DU & Uría; Inés Baca – Baker McKenzie; Fernando Sam Chec – Baker McKenzie; Alexandra Carranza – Baker McKenzie; Guillermo Torrejón Vásquez – Baker McKenzie; Claudia Tenorio Pineda – Baker McKenzie;