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DSM acquires Amyris’ Brazilian production facility

DSM and Amyris expand their strategic alliance in industrial bioscience. The two companies have announced the sale of Amyris’ Brazilian production plant in Brotas (Amyris Brasil Ltda) and the establishment of a long-term manufacturing partnership for Amyris’ high-volume products.

Amyris' headquarters in Campina, SP, Brazil

Amyris’ headquarters in Campina, SP, Brazil

Total consideration for Amyris Brasil Ltda (which owns and operates the Brotas 1 production facility), intellectual property related to farnesene (a bio-based key intermediate for many applications) and an additional value share arrangement over a three-year period amounts to US$ 96 million. In addition to the consideration upfront there is potential for a future value share in line with Amyris’ business model.

With the acquisition of the Brotas 1 facility, DSM adds a state-of-the-art biotechnology-based production site in Brazil to its global network, with abundant availability of sustainable raw materials (sugar cane), securing production capacity for its pipeline of sustainable and bio-based solutions. Having broad experience in operating large-scale fermentation plants, DSM will optimize the operational performance of the site.

DSM will continue existing supply-agreements to Amyris and other parties. DSM will also supply Amyris with specialty compounds until it realizes its Brotas 2 specialties production facility. Amyris is accelerating the construction of its second facility dedicated to specialty products while maintaining the manufacturing process development and business support capability located in Campinas, Brazil.

Subject to customary conditions, the transaction is expected to close in the next few months.

© 2017 - Brazil Beauty News - www.brazilbeautynews.com

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