11.11.2015 • NewsElaine BurridgeHoneywellMerck

Nov. 18 Closing for Sigma-Aldrich Takeover by Merck KGaA

Nov. 18 Closing for Sigma-Aldrich Takeover by Merck KGaA
Nov. 18 Closing for Sigma-Aldrich Takeover by Merck KGaA

The European Commission has approved the sale of Sigma-Aldrich’s solvents and inorganics business in Europe to Honeywell, finally clearing the path for the US company’s acquisition by Germany’s Merck KGaA for $17 billion. The closing is now scheduled for Nov.18.

Honeywell is paying about €105 million for the assets, which will be integrated into its Fine Chemicals unit. Following completion of the takeover, first announced in September 2014, Sigma-Aldrich’s stock will be delisted from the US NASDAQ exchange.

Interview

Specialty Chemicals in a Shifting World
Adapting to Tariffs and Strengthening Regional Networks

Specialty Chemicals in a Shifting World

Jennifer Abril, President & CEO of SOCMA, discusses the impact of new tariffs and the importance of regional supply networks in the specialty chemical industry.

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Setting the Standard

Excellence in Pharmaceutical Distribution and The Critical Role of Good Distribution Practice (GDP)

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