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New Deal


Announced

Flexible Solutions International to merge with Lygos.

Financials

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Transaction Value-
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Biotechnology

Majority

Friendly

Merger

Acquisition

biotechnology company

Single Bidder

Private

Domestic

Pending

United States

Synopsis

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Flexible Solutions International, a firm that develops, manufactures, and markets specialty chemicals, agreed to merge with Lygos, a developer of a full-stack biological engineering platform. Financial terms were not disclosed. “This merger provides the opportunity to unlock new high-growth opportunities for our business, our investors, and our customers by connecting our ingredients to existing downstream products. Together, we intend to use our collective resources to expand domestic manufacturing and revive industrial innovation by providing more environmentally friendly ingredients that enable better supply chains for common, everyday downstream products," Eric Steen, Lygos CEO.

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