EMERYVILLE, California., June 15, 2021 / PRNewswire / – Amyris, Inc. (Nasdaq: AMRS), a leading synthetic biotechnology company active in the clean health and beauty markets through its consumer brands, and one leading suppliers of sustainable and natural ingredients, today announced that it has completed a binding conditions sheet for the acquisition of clean and award-winning wellness company OLIKA Inc. (OLIKA). The acquisition strengthens Amyris’ growth and leadership in the clean health and beauty market, and complements the Amyris family of consumer brands.
OLIKA, which means ‘differently’ in Swedish, is transforming the hygiene category through a commitment to transparency, combining the safest and most effective ingredients and packaged in a beautiful, nature-inspired design. The brand currently offers three collections of sustainable hand sanitizers with six scents of essential oils. OLIKA is the result of Nic and Thorne Perkin. In 2019, the Perkins confided Alastair Dorward to extend and improve the OLIKA brand, increase revenue and develop the product portfolio.
Prior to building a leading team at OLIKA, Dorward had a successful track record of marketing innovative home, personal care and food brands such as Method Products, Own Beauty and Smitten Ice Cream. As the founding CEO of Method Products, Dorward has grown the iconic household brand from pre-income to over $ 100 million in wholesale income. Under Dorward’s leadership, Method was also named California fastest growing private companies in Inc. and was named one of the 20 most innovative companies in the world by Fast business.
“It is an honor and a privilege to spend the past 25 years creating high growth, clean and sustainable brands,” said Dorward. “Driving innovation in the food, home, personal care and beauty categories is my life’s work. The latest trip with OLIKA transformed the hygiene category with a more desirable consumer experience. We are excited to accelerate the OLIKA mission with Amyris’ visionary clean beauty platform and invaluable pipeline of proprietary ingredients. “
“We are delighted to welcome the brand and the OLIKA team to our consumer portfolio,” said Jean Melo, President and CEO of Amyris. “The addition of OLIKA alongside Pipette, our brand for babies, mothers and families, gives us a great opportunity to expand our offering and dominate the clean household cleaning and hand sanitizing products industry. We continue to market our exclusive laboratory. science and technology directly to the consumer by combining our best natural ingredients from sustainable sources with distinctive brands inspired by consumers, ”continued Melo. “At Amyris, we continue to implement our ability to translate science into applications and products appreciated by consumers and which enable the transition of many industries towards sustainable chemistry. We are excited to continue to expand our leadership in the industry and step up to make the planet a healthier place for everyone. “
Alastair Dorward will join Amyris as leader Brand Agent and will work closely with the Amyris leadership team to continue to redefine sustainability and efficiency standards for clean beauty and wellness while accelerating growth and innovation for the family of brands. general public Amyris.
OLIKA (pronounced “oo-lee-kah”) means “differently” in Swedish and exemplifies our approach – from our beautiful nature-inspired design that fits ergonomically in your hand, to our commitment to transparency and the use of safest and most effective products. Ingredients. At OLIKA, we believe that the things you do every day should be delicious. The hand sanitizer is the first of many OLIKA collections which will reinvent basic hygiene and well-being products.
Amyris (Nasdaq: AMRS) is a scientific and technological leader in the research, development and production of sustainable ingredients for the Clean Health & Beauty and Aromas and Fragrances markets. Amyris uses an impressive array of proprietary technologies including cutting edge machine learning, robotics and artificial intelligence. Our ingredients are included in over 3,000 products from the world’s leading brands, reaching over 200 million consumers. Amyris is proud to own and operate a family of consumer brands – all built around its No Compromise® promise of clean ingredients: Biossance® Clean Beauty Skincare, Pipette® Clean Baby Skincare and Purecane ™, a zero calorie sweetener naturally derived from sugar cane. For more information, please visit www.amyris.com.
This press release contains forward-looking statements, and any statement other than statements of historical fact could be deemed to be forward-looking statements. These forward-looking statements include, among other things, statements regarding Amyris’ expectations to continue its growth and leadership in the clean health and beauty market and to dominate the household disinfection and cleaning products industry with its acquisition. of OLIKA; Amyris’ plans to acquire and launch OLIKA and their timeline; and Amyris’ expectations for new brand launches. These statements are based on management’s current expectations and actual results and future events may differ materially due to risks and uncertainties, including the risks associated with any delay or failure in the successful acquisition and integration of OLIKA; delays or potential failures in the development, production, regulatory approval and commercialization of products, risks related to Amyris’ dependence on third parties (including in the supply chain), liquidity of ‘Amyris and its ability to fund operating and capital expenses, and other risks detailed from time to time in the time spent in documents filed by Amyris with the Securities and Exchange Commission, including annual reports on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K. Amyris disclaims any obligation to update the information contained in these forward-looking statements, whether as a result of new information, future events or otherwise.
Amyris, the Amyris logo, No Compromise, Biossance, Pipette, and Purecane are trademarks or registered trademarks of Amyris, Inc. in the United States and / or other countries.
SOURCES Amyris, Inc.
SOURCE Amyris, Inc.