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A potential $500 million deal for bio-based intermediates for the cosmetics industry.
March 31, 2021
By: TOM BRANNA
Editor
Royal DSM will acquire the flavor and fragrance (F&F) bio-based intermediates business of Amyris, Inc. for up to $500 million. The move extends DSM’s offerings in aroma ingredients with bio-based ingredients for the flavor and fragrance and cosmetics industries. DSM will acquire the business currently consisting of seven intermediate products (four already generating meaningful sales and EBITDA, two just launched and one under development) which will be added to DSM’s existing personal c...
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