Biossance acquired by THG plc
THG plc agreed to acquire Biossance, a US skincare brand, on Dec 5, 2023.
Preliminary: The announcement date is not yet independently verified. The EV/revenue is outside the usual range for comps, so treat it with caution.
Transaction summary
- Target
- Biossance
- Acquirer
- THG plc
- Announced
- 2023-12-05(unverified)
- Geography
- United States
- Type
- Acquisition
- Deal type
- Control
- Stake acquired
- -
- First added
- 2026-07-25
- Latest update
- 2026-10-29
Value and multiples
100% enterprise value
USD 20.0M
100% enterprise value | USD
Basis: Estimated
Reported price is assumed to be 100% EV unless stated otherwise. Partial-stake estimates are qualified in the basis notes.
EV / revenue
0.2x
Outside usual range
Period: FY
Basis: Estimated
EV / EBITDA
-
EBITDA basis not stated
Basis: Estimated
Amounts paid and other reported values
Original reported amounts and bases; a stake payment is distinct from the estimated whole-company valuation.
Consideration: USD 20.0M
THG agreed to acquire Biossance from Chapter 11 debtor Amyris for a maximum consideration of $20 million.
Basis
- $20,000,000 maximum consideration / approximately $100,000,000 prior-year sales = approximately 0.20x revenue.
Source summary
THG PLC - Acquisition of Biossance
ConfirmedTHG announced an agreement to acquire Biossance from Chapter 11 debtor Amyris for maximum consideration of $20 million. The executed asset-purchase agreement identifies THG Beauty USA as buyer and Amyris entities as sellers.
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