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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