SensoryEffects, a portfolio company of the Dallas-based private investment firm Highlander Partners, L.P., announces that it has acquired the Sleepy Eye, MN manufacturing facility of Anderson Custom Processing. Included in the acquisition are Anderson Custom Processing's two spray dryers and other dry blending equipment and technology. SensoryEffects will maintain the existing employee base of the Sleepy Eye site.
Charles A. Nicolais, President and CEO of SensoryEffects said, "We are looking forward to adding another spray drying facility to our business which will not only support the continued growth of our company, but will further enhance our processing capabilities for customers. The Sleepy Eye site has a long and successful track record of satisfying broad processing requirements with outstanding customer service. We intend to continue and build upon these strengths and we welcome the great workforce in Sleepy Eye to our company. Our spray drying capabilities will now include eight spray dryers that span across five production sites: Defiance, OH; Bridgeton, MO; Reading, PA; Marshfield, WI and now Sleepy Eye, MN."
Alex Guiva, Partner of Highlander and Board Member of SensoryEffects, added, "The addition of the Sleepy Eye manufacturing site is consistent with our business model and provides the company with additional capacity to facilitate SensoryEffects' organic growth plans. This is SensoryEffects' thirteenth acquisition since the company's inception, and we continue evaluating other potential acquisitions."
