Amyris, Inc., a synthetic biotechnology company active in the clean health and beauty markets through its consumer brands and a supplier of sustainable and natural ingredients, will acquire Costa Brazil. The deal is expected to be completed by the end of March. The move is expected to accelerate Amyris' growth and market leadership in clean beauty. Other Amyris brands include Biossance, Pipette, Rose Inc., JVN and Terasana.

Co-founded by Francisco Costa and Michele Levy, Costa Brazil is a clean luxury beauty and wellness brand inspired by Costa's home country of Brazil. Amyris plans to leverage its science platform and fermentation technology to develop and scale Costa Brazil products. All products are made from pure, potent, enriching ingredients, sustainably sourced from the Amazon, and activated using the latest technologies. By sourcing Costa Brazil ingredients from the Amazon in a sustainable way and applying the science of biotechnology, Amyris said it will continue to support the local communities where these ingredients are found.

“My vision for Costa Brazil has always been to create a brand where beauty is inseparable from the health of the earth,” commented Costa. “Amyris will be able to help execute this vision through its innovative science and research. There is no other company that has the same level of commitment to clean formulation, social responsibility, ethical sourcing and performance. Amyris puts the needs of customers and of the planet at the forefront, and I'm excited to be part of the transformation they are bringing to the beauty industry.”

With the acquisition of Costa Brazil, Amyris will appoint Costa as chief creative officer of the company. 

“We are very excited to be adding to our portfolio a truly differentiated offering,” said John Melo, president and chief executive officer of Amyris. “We welcome Francisco, whose successful track record at Calvin Klein, launch of Costa Brazil, together with his own creative talents, will help us accelerate the transition of the beauty industry to a science-backed business that delivers sustainability without compromise to performance. The Costa Brazil brand is loved by its consumers, and the addition of Costa to our company will deepen that authentic connection between Amyris brands and our consumers.

According to Melo, the industry is experiencing a consumer “supercycle” in beauty driven by consumer demand for healthy skin and a focus on clean, sustainably sourced ingredients that deliver the best performance for consumers and planet.

“Amyris's clean beauty consumer business continues its recent trajectory of more than doubling revenue versus the same period last year,” he added.