Merck KGaA Sells Lab Equipment & Production Units to SchÃ¼ssler Novachem
Merck KGaA and SchÃ¼ssler Novachem, a manufacturer of inorganic salts based in Halle/Saale, Germany, have reached an agreement on the sale of laboratory equipment and production units located at the Lehrte site in the German federal state of Lower Saxony. SchÃ¼ssler had already acquired the land and buildings in Lehrte from Deutsche Bahn Immobilien GmbH in a separate transaction.
As part of its “Fit for 2018” transformation and growth program, Merck KGaA announced in 2012 that it would close the Lehrte site in mid-2014 and continue to operate the relevant business from Darmstadt. Merck KGaA and the works council agreed about a reconciliation of interest and a social plan. Apart from efficiency enhancement measures, “Fit for 2018” also consists of numerous investments to securefuture growth across various segments of the business: a recent example of supporting growth has been the construction of new powerplants at Merck KGaA's corporate center in Darmstadt.
Source: Merck KGaA