Merck KGaA buys Sigma-Aldrich (2015)
Merck KGaA agreed to buy Sigma-Aldrich, a US lab-chemicals supplier, for about $17 billion. It was the company's largest deal and the foundation of its modern life-science business.
To win European approval, Merck agreed to sell parts of the combined chemicals business to Honeywell.
The deal made Merck KGaA a top-tier supplier of lab reagents and consumables, the base it is now expanding with Bio-Techne.
It is the direct precedent the company itself cites: the same buyer, the same strategy of acquiring US lab-supply firms, on a similar scale.
