Amyris in $100M deal with Ingredion for Reb M sweetener
May 5, 2021
| Meghan Sapp
In California, Amyris, Inc. has signed an agreement with Ingredion Incorporated for the exclusive licensing of Amyris’s zero-calorie, nature-based, fermented Reb M sweetener. In addition, the agreement includes an Ingredion minority ownership stake in the Amyris Brazilian manufacturing facility that is currently under construction. The transaction value is estimated to be $100 million. This includes $75 million for the exclusive license to sell and market Reb M from fermentation plus a contribution for a participation in the Brazil manufacturing joint venture. Additionally, Amyris will earn a profit share from Reb M sales.
Category: Fuels