M&A Deal Summary

Merck Acquires Beijing Skywing Technology

On January 5, 2011, Merck acquired medical products company Beijing Skywing Technology for 120M CNY

Acquisition Highlights
  • This is Merck’s 1st transaction in the Medical Products sector.
  • This is Merck’s 7th largest (disclosed) transaction.
  • This is Merck’s 2nd transaction in China.

M&A Deal Summary
Date 2011-01-05
Target Beijing Skywing Technology
Sector Medical Products
Buyer(s) Merck
Deal Type Add-on Acquisition
Deal Value 120M CNY

Target

Beijing Skywing Technology

Beijing, China
Beijing Skywing Technology Co., Ltd., is a supplier of cell-culture media products, related technical services and bioreactors for the Chinese biopharmaceutical industry.

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Buyer(S) 1

Buyer

Merck

Darmstadt, Germany

website

Category Company
Founded 1668
Sector Diversified
Employees64,011
Revenue 22.2B EUR (2022)
DESCRIPTION

Merck is a science and technology company in healthcare, life science and performance materials. Merck develops technologies that improve and enhance life from biopharmaceutical therapies to treat cancer or multiple sclerosis, cutting-edge systems for scientific research and production, to liquid crystals for smartphones and LCD televisions. Merck was founded in 1668 and is based in Darmstadt, Germany.

DEAL STATS #
Overall 5 of 23
Sector (Medical Products) 1 of 3
Type (Add-on Acquisition) 4 of 19
Country (China) 2 of 2
Year (2011) 1 of 4
Size (of disclosed) 7 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-12-20 EMD/Merck Crop BioScience

Brookfield, Wisconsin, United States

EMD/Merck Crop BioScience, Inc. is a pharmaceutical company. EMD/Merck Crop BioScience is headquartered in Brookfield, Wiscosin.

Sell $275M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-03-22 Biotest - Microbiology Business

Germany

Biotest - Microbiology Business manufactures and markets reagents, devices, and systems used in hygiene monitoring for air, surface, and manufacturing processes, as well as procedures to test end products for potential microorganism contamination.

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