Shearman And Sterling

News June 01, 2021

Amyris’ Joint Venture with Ingredion Incorporated

Shearman & Sterling advised Amyris on its joint venture with Ingredion Incorporated. The agreement is for the exclusive licensing of Amyris’s zero-calorie, nature-based, fermented Reb M sweetener. The transaction value is estimated to be $100 million. This includes $75 million for the exclusive license to sell and market Reb M from fermentation plus a contribution for a participation in the Brazil manufacturing joint venture. Additionally, Amyris will earn a profit share from Reb M sales.

In addition, the agreement includes an Ingredion minority ownership stake in the Amyris Brazilian manufacturing facility that is currently under construction.

Amyris is a leading synthetic biotechnology company active in the Clean Health and Beauty markets through its consumer brands and a top supplier of sustainable and natural ingredients. Ingredion Incorporated is a leading global ingredient solutions provider to the food and beverage industry.

The Team