Lygos, a biotechnology provider of sustainable specialty ingredients, and Flexible Solutions International, a developer, and manufacturer of biodegradable products, have entered into a definitive merger agreement.

Lygos has created a biological engineering platform focused on the sustainable production of organic acid bio-monomers. Flexible Solutions International is an environmental technology company that provides biodegradable, water-soluble products utilizing thermal polyaspartate biopolymers.

The companies plan to integrate the two complementary technology platforms, expand the portfolio of multi-functional organic acids, and scale production to meet the increasing demand for sustainable products.

“In a world with increasing demand on resources, there is a greater need for alternative chemical ingredients that are reliable, scalable, and sustainable,” said Lygos CEO Eric Steen. “This merger provides the opportunity to unlock new high-growth opportunities for our business, our investors, and our customers by connecting our ingredients to existing downstream products. Together, we intend to use our collective resources to expand domestic manufacturing and revive industrial innovation by providing more environmentally friendly ingredients that enable better supply chains for common, everyday downstream products.

BTIG served as the financial advisor and Hart & Hart LLP served as legal advisor to FSI in connection with the merger and offering. Orrick Herrington & Sutcliffe LLP served as legal advisor to Lygos.