Date: 2012-08-22
Type of information: Company acquisition
Acquired company: Biochrom (Germany)
Acquiring company: Merck KGaA (Germany)
Amount: undisclosed
Terms: Merck has entered into definitive agreements to acquire Biochrom AG located in Berlin, Germany. The company, with approximately 60 employees and sales of approximately € 13 million in 2011, specializes in the production and marketing of cell-culture media and buffer solutions. The parties agreed not to disclose the purchase price.
The acquisition is subject to customary closing conditions such as the approval of the respective antitrust authority. Closing of the transaction is expected in the fourth quarter of 2012.
It is planned to maintain Biochrom’s operations in Berlin. Biochrom’s activities will be part of Merck Millipore’s Process Solutions business unit.
Details: The acquisition will strengthen Merck Millipore’s Process Solutions business unit, which provides products, services and solutions that simplify production complexity for pharmaceutical and biopharmaceutical manufacturers. Biochrom’s cell-culture media products are highly complementary and innovative, adding liquid cell-culture media and buffers including serum-free products and disposable packaging solutions to the existing portfolio.
Related: cell culture
production
