Sensient Technologies Corporation acquired white biotechnology expert Biolie to expand its active color portfolio.WHO: Created in 2012 with 10 years of research at Lorraine University, Biolie is an industrial company specializing in enzymatic extraction of natural ingredients of plant origin. Based on a biorefinery model, Biolie develops, produces, and markets innovative and differentiated active and functional ingredients for cosmetics and nutrition-health markets. The company offers a "clean" alternative to traditional solvent extraction processes for markets, looking for natural, authentic, healthy, and highly nutritious products on the one hand, and "eco-responsible" processes on the other.Founded in 1882 as a distillery, Sensient Technologies Corporation has undergone several transformations: from Meadow Springs Distillery to Red Star Yeast & Product Company to Universal Foods and, since 2000, Sensient Technologies. The business is a leading global manufacturer and marketer of colors and other specialty ingredients. Using advanced technologies and robust global supply chain capabilities, they develop specialized solutions for cosmetics and personal care, as well as products that serve the pharmaceutical, nutraceutical, and food and beverages industries.WHY: The acquisition expands Sensient’s active color portfolio along with its manufacturing and innovation footprint in France.IN THEIR OWN WORDS: “We are thrilled about the strategic fit between our companies, affirming our global leadership position in supplying natural, sustainable actives and colors to the personal care industry,” said Sensient Colors President Mike Geraghty.