EMD Millipore, the Life
Science division of Merck KGaA of Darmstadt,
Germany, announced that it has entered into definitive agreements to acquire Biochrom
AG located in Berlin, Germany. The company 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.
The acquisition will strengthen EMD 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.
It is planned to maintain Biochrom’s operations in Berlin.
Biochrom’s activities will be part of EMD Millipore’s Process Solutions
business unit.
Source: EMD Millipore
