Flexible Electronics News

Merck to Sell Surface Solutions Business Unit to GNMI

Global New Material International (GNMI) to acquire pigments business of Merck KGaA, Darmstadt, Germany, for €665 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Merck KGaA, Darmstadt, Germany, a leading science and technology company, has signed an agreement to sell its global Surface Solutions business unit to Global New Material International Holdings Ltd.  for € 665 million in cash. Merck KGaA, Darmstadt, Germany, intends to use the net proceeds from the divestment to further strengthen its strategic core businesses. “The divestiture of the Surface Solutions business unit will further sharpen our focus on high-tech applications in Electronics, suc...

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