TAGS: Natural/ Organic
Toiletries
Amyris has executed a binding term sheet for the acquisition of OLIKA Inc. (OLIKA), an award-winning clean wellness company. The acquisition furthers Amyris' growth and market leadership in clean health and beauty and complements Amyris' family of consumer brands.
Transforming the Hygiene Category
OLIKA, which means "differently" in Swedish, is transforming the hygiene category through a dedication to transparency, combining the safest, most effective ingredients and packaged in beautiful, nature-inspired design.
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It is an honor and a privilege to spend the last 25 years building high-growth, clean and sustainable brands," said Dorward. "
Driving innovation within the food, household, personal care and beauty categories is my life's work. The latest journey with OLIKA transformed the hygiene category with a more desirable consumer experience. We are thrilled to accelerate the OLIKA mission with Amyris' visionary clean beauty platform and invaluable pipeline of proprietary ingredients."
Offers Hydrating Hand Sanitizers
The brand currently offers three sustainable
hand sanitizer collections with six essential oil fragrances. OLIKA was the brainchild of Nic and Thorne Perkin. In 2019, the Perkins entrusted Alastair Dorward to expand and enhance the OLIKA brand, increase revenue, and develop the portfolio of products."
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We are pleased to welcome the OLIKA brand and team to our consumer portfolio," said John Melo, president and chief executive officer of Amyris. "
The addition of OLIKA alongside Pipette, our baby, mother and family brand, provides us with a great opportunity to expand our offering and lead the sector in clean hand sanitizing and household cleaning products.
Amyris continues to take its proprietary lab-to-market science and technology direct to the consumer by combining the best-in-class natural, sustainably-sourced ingredients with distinctive consumer-inspired brands.
Source: Amyris