Lygos and Flexible Solutions International Announce Definitive Merger Agreement

July 25, 2022

Lygos, Inc. and Flexible Solutions International, Inc. (FSI) announced they have entered into a definitive, all-stock merger agreement to form a leading sustainable specialty ingredient company. The companies plan to integrate their complementary technology platforms and expand production and the portfolio of multi-functional organic acids, with the transaction expected to close in the third quarter of 2022 subject to approvals and customary conditions.

Buyers
Lygos, Inc., Flexible Solutions International, Inc. (FSI)
Targets
Lygos, Inc., Flexible Solutions International, Inc. (FSI)
Industry
Biotechnology
Location
United States
Transaction Type
Buyout

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