# 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.

- Type: Acquisition
- Announced: 2024-07-25
- Where: Germany
- Value: $722.0M (665.0M EUR)
- Status: announced
- Products: pearlescent pigments, cosmetic active ingredients, functional pigments, high-performance additives
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Merck KGaA](https://endata.com/companies/1393.md)
- [Merck KGaA](https://endata.com/companies/1393.md) (target)
- [Global New Material International Holdings](https://endata.com/companies/68176.md) (acquirer)

## Sources

- [acnnewswire.com](https://www.acnnewswire.com/press-release/english/91943/), 2024-07-25: "GNMI and Surface Solutions are highly complementary from a product portfolio, expertise and geographic footprint perspective."
- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/1155767.html), 2024-07-25: "环球新材国际(06616)公布，于2024年7月25日，该公司及股份买方同意向Merck KGaA收购卖方集团的全球表面解决方案业务，总代价为6.65亿欧元。"
- [ct.acnnewswire.com](https://ct.acnnewswire.com/press-release/traditionalchinese/91963/), 2024-07-29: "Surface solutions and Global New Material International's integration will significantly improve the business competitiveness of surface solutions."
- [coatingsworld.com](https://www.coatingsworld.com/breaking-news/merck-signs-agreement-to-sell-surface-solutions-business-unit-to-gnmi/), 2024-08-09: "The divestiture of the Surface Solutions business unit will further sharpen our focus on high-tech applications in Electronics, such as driving the development of next-generation chips as an integrated solutions provider for our semiconductor customers."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.