Speciality chemicals firm Merck is on track with its integration of AZ Electronic Materials, a chemicals supplier for the flat-panel display industry and silicon technologies. The company announced the $2.6 billion (€2 billion) purchase in May 2014.
Since then, the company has announced in late June the transition of all remaining AZ shares to Merck, exercising its compulsory acquisition right.
Merck discussed the purchase during a presentation at LOPEC 2014 on 28 May. Bjorn Hofman, senior vice president for performance materials - advanced technologies at Merck, spoke about the strategic fit of AZ's technologies while presenting on 'Partnering - the key enabler to develop the printed electronics industry.'
In an exclusive interview with +Plastic Electronics, Markus Kaiser, business partner for group communications in Merck's performance materials business, provides an update on the integration process and outlines the rationale for the acquisition.
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