Amyris, Inc. (Nasdaq:AMRS), a leader in the development and production of sustainable ingredients for the Health & Wellness, Clean Beauty and Flavors & Fragrances markets, executed a strategic supply agreements with Raízen for the supply of sugar, energy and other utilities to its new planned production plant co-located with Raízen's Barra Mill at Barra Bonita, Brazil.
In addition to the supply agreements, the companies entered into an arrangement to establish the basis for the creation of a potential joint venture between Amyris and Raízen, focused on the production and commercialization on a global basis of zero calorie sweeteners using Amyris's leading technology, naturally sourced from sugar cane sugar. This potential joint venture would leverage from Raízen's significant scale in feedstock, operating excellence, sugar market know how and access, supply chain businesses, and excellence in power generation. For Raízen, the joint venture is expected to provide strategic innovation and product diversification, through the development of high value products sourced from sugar cane and biomass.
The creation of the potential joint venture is subject to the fulfillment of certain conditions established between the parties, as well as all the applicable approvals from regulatory and antitrust authorities.
Pinheiro Neto advised Amyris, Inc. with Guilherme Leite, Giancarlo Matarazzo, Franco Musetti Grotti, Larissa Maria Galimberti Afonso, Renê Medrado, Filipe Coube Ferraz, José Arnaldo de Paula, Guilherme de Toledo Piza, Marco Aurélio Barbosa and Leonardo Peixoto.
Cascione, Pulino, Boulos & Santos advised Raízen Energia S.A. with Milana Martins (Picture) and Luiz Eduardo Malta Corradini.
Involved fees earner: Guilherme de Toledo Piza – Pinheiro Neto; Larissa Maria Galimberti Afonso – Pinheiro Neto; Guilherme Leite – Pinheiro Neto; Giancarlo Matarazzo – Pinheiro Neto; Renê Medrado – Pinheiro Neto; Franco Musetti Grotti – Pinheiro Neto;
Law Firms: Pinheiro Neto;
Clients: Amyris, Inc.