M&A Deal Summary

Amyris Acquires Draths

On November 16, 2011, Amyris acquired chemicals company Draths from TPG

Acquisition Highlights
  • This is Amyris’ 1st transaction in the Chemicals sector.
  • This is Amyris’ 1st transaction in the United States.
  • This is Amyris’ 1st transaction in Michigan.

M&A Deal Summary
Date 2011-11-16
Target Draths
Sector Chemicals
Buyer(s) Amyris
Sellers(s) TPG
Deal Type Add-on Acquisition

Target

Draths

Lansing, Michigan, United States
Draths Corporation is building a next generation chemical company focused on manufacturing biobased materials used in everyday products. The company's products, rooted in its platform technology, enable nylons, plastics, paints, resins and other materials currently made using petroleum-based chemicals to be manufactured from renewable feedstocks.

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Buyer(S) 1

Buyer

Amyris

Emeryville, California, United States
Category Company
Founded 2003
Sector Life Science
Employees1,598
Revenue 270M USD (2022)
DESCRIPTION

Amyris is an integrated renewable products company that enables the brands to achieve sustainable growth. Amyris applies its innovative bioscience solutions to convert plant sugars into hydrocarbon molecules and produce specialty ingredients and consumer products. The company is delivering its No Compromise products across a number of markets, including specialty and performance chemicals, flavors and fragrances, cosmetics ingredients, pharmaceuticals, and nutraceuticals. Amyris was founded in 2003 and is based in Emeryville, California.

DEAL STATS #
Overall 1 of 8
Sector (Chemicals) 1 of 1
Type (Add-on Acquisition) 1 of 8
State (Michigan) 1 of 1
Country (United States) 1 of 6
Year (2011) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-17 Amyris Brasil

Brazil

Amyris Brasil Ltda is an industrial bioscience company, which owns and operates the Brotas 1 production facility.

Sell $96M

Seller(S) 1

SELLER

TPG

Fort Worth, Texas, United States

Investor Investor Investor Investor

Category Private Equity Firm
Founded 1992
PE ASSETS 137.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

TPG Capital is a global, mega-sized private investment firm that manages a family of funds focused on private equity, real estate, venture capital, public equity and debt investing. TPG invests in opportunities across a broad range of industries and geographies. TPG generally seeks to invest in established businesses that can benefit from the Firm's operational experience and connections. Industries of interest include consumer, retail, healthcare, industrials, digital media, natural resources, energy, real estate, technology, and software. TPG was formerly known as Texas Pacific Group and was originally established in 1992 by David Bonderman, James Coulter and William Price. The Firm is based in Forth Worth, Texas with additional offices in Europe, Asia, and Australia.

DEAL STATS #
Overall 77 of 267
Sector (Chemicals) 2 of 4
Type (Add-on Acquisition) 34 of 94
State (Michigan) 2 of 3
Country (United States) 58 of 193
Year (2011) 6 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-10-12 DNAnexus

Mountain View, California, United States

DNAnexus is a DNA data management and analysis platform that provides instant online genomics data centers for sequencing operations and research organizations of virtually any size without any required hardware investment on the part of the customer. DNAnexus was founded in 2009 and is based in Mountain View, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-14 MarketTools

San Francisco, California, United States

MarketTools, Inc. provides services and software for market research.

Sell -
Mergr

Product

Company

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