Merck completes M Chemicals buy
Merck KGaA has closed its previously announced details to acquire M Chemicals, the company recently incorporated by Mecaro to operate its chemical business. This will bring it around 100 new employees as well as advanced production and R&D facilities in Korea.
The company said that the newly acquired operation is “expected to complement a key segment of Merck’s Semiconductor Solutions portfolio”. This in turn is one of the ‘Big 3’ growth engines recently identified as driving Merck’s ‘Level Up, growth programme.