Announced
Financials
Sources
Tags
Biotechnology
Majority
Friendly
Merger
Acquisition
biotechnology company
Single Bidder
Private
Domestic
Pending
United States
Synopsis
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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