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Merck KGaA Buys Sigma-Aldrich To Boost Lab Business, Expand Footprint

 
• By Sten Stovall

By buying U.S.-based Sigma-Aldrich, the German conglomerate hopes to bolster its Millipore lab business, by giving the biopharma technology, tools and service provider added depth and global reach.

With a painful two-year restructuring behind it - and its pharmaceutical franchise officially on the mend - German drug and chemicals group Merck KGAA now plans to boost its biopharma lab business by buying U.S.-based MilliporeSigma for $17 billion in cash.

Sigma-Aldrich is a life science and high technology company with more than 9,600 employees and operations in 40 countries. The...

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