Industry News

Merck Acquires Leading Manufacturer of Effect Pigments in China

Aacquires Suzhou Taizhu Technology Development Co. Ltd.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Merck KGaA announced today that it has acquired Suzhou Taizhu Technology Development Co. Ltd. (Taizhu), a leading supplier of effect pigments located in Taicang near Shanghai, China. With total revenues of more than €14 million in 2008 and 300 employees, Taizhu is one of the largest effect pigments companies in the Chinese market. The acquisition is of high strategic importance to the Merck pigments business. Within the scope of this transaction, Merck has acquired the production site of Taiz...

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