Germany's Merck acquires Swedish chroma firm

03 March 2008 17:22  [Source: ICIS news]

STOCKHOLM (ICIS news)--German pharma and chemicals company Merck has acquired Swedish technology company Sequant, which has developed polymer-based sorbents for chromatography, it said on Monday.

“The acquisition offers Merck superb opportunities for the future expansion of the chromatography business," said Klaus Bischoff, head of performance and life science chemicals at Merck.

”We are gaining access to a unique technology that will enable us to develop and commercialise innovative products."

Sequant will be renamed Merck Sequant AB and continue operations in Umea, north of Sweden. Merck will take over all seven employees of Sequant.

The value of the acquisition was not disclosed.

By: Sverker Nyman
44 20 8652 3214

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