Amyris To Buy Olika
Summary
The acquisition furthers Amyris’s growth and market leadership in clean health and beauty, and complements its family of consumer brands. Founded by Nic and Thorne Perkin, Olika currently offers three sustainable hand sanitizer collections with six essential oil fragrances. In 2019, the Perkins added Alastair Dorward to expand and enhance the brand, increase revenue, and develop the portfolio of products. Led by John Melo, President and Chief Executive Officer, Amyris is a science and technology leader in the research, development and production of sustainable ingredients for the Clean Health & Beauty and Flavors & Fragrances markets. Amyris uses an array of exclusive technologies, including machine learning, robotics and artificial intelligence.