Jul 25, 2024ACQUISITIONGermany Global New Material International to acquire Merck KGaA's surface solutions business for €665M
Global New Material International (环球新材国际) has agreed to acquire Merck KGaA's global surface solutions business for €665 million. The target company supplies pearlescent pigments and other surface solutions for automotive, cosmetics, and industrial applications.
Value
$722.0M (665.0M EUR)
Productspearlescent pigmentscosmetic active ingredientsfunctional pigmentshigh-performance additives
“GNMI and Surface Solutions are highly complementary from a product portfolio, expertise and geographic footprint perspective.”acnnewswire.com
- 4 sources
- acnnewswire.comGlobal New Material International (GNMI) Signs Agreement to Acquire Merck's Surface Solutions BusinessJul 25, 2024
- beta.zhitongcaijing.com环球新材国际(06616)拟6.65亿欧元收购Merck KGaA的全球表面解决方案业务Jul 25, 2024
- ct.acnnewswire.com環球新材國際（06616.HK）收購德國默克表面解決方案業務 “外延式擴張”戰略迎新突破Jul 29, 2024
- coatingsworld.comMerck Signs Agreement to Sell Surface Solutions Business Unit to GNMI - Coatings WorldBy: KERRY PIANOFORTE EditorAug 9, 2024
Summarized from public sources; check the original articles before acting on it.
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