Acquisition |
6 Months Ended | ||
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Jun. 30, 2025 | |||
| Acquisition [Abstract] | |||
| Acquisition |
On February 14, 2025,
the Company acquired Biolie SAS, a natural color extraction business located in France. The Company paid $4.9
million in cash for this acquisition, which is net of $0.2 million in debt assumed. The assets acquired and liabilities assumed were
recorded at their estimated fair value as of the acquisition date. The Company acquired net assets of $0.3 million, with the remaining
$4.6 million allocated to goodwill. This business is part of the Color segment.
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- References No definition available.
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- Definition The entire disclosure for business combination. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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