Add-on Acquisition • Life Science

Merck Acquires Charles E. Frosst

On January 1, 1965, Merck acquired life science company Charles E. Frosst

Acquisition Context
  • This is Merck’s 1st transaction in the Life Science sector.
  • This is Merck’s 1st transaction in Canada.
  • This is Merck’s 1st transaction in Quebec.

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M&A Deal Summary

Date January 1, 1965
Target Charles E. Frosst
Sector Life Science
Buyer(s) Merck
Deal Type Add-on Acquisition

Target Company

Charles E. Frosst

Montreal, Quebec, Canada
Charles E. Frosst Ltd., a Canadian pharmaceutical research facility.
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Buyer Overview 1

Buyer

Merck

Rahway, New Jersey, United States

Category Company
Founded 1891
Sector Life Science
Employees70,000
Revenue 64.2B USD (2024)
DESCRIPTION
Merck office in Palo Alto, California.
Merck office in Palo Alto, California.

Merck is a global healthcare company that delivers health solutions through its prescription medicines, vaccines, biologic therapies, animal health, and consumer care products. The Company’s operations are comprised of four operating segments: Pharmaceutical, Animal Health, Consumer Care and Alliances. Its Pharmaceutical segment includes human health pharmaceutical and vaccine products marketed either directly by the Company or through joint ventures. Human health pharmaceutical products consist of therapeutic and preventive agents, generally sold by prescription, for the treatment of human disorders. Vaccine products consist of preventive pediatric, adolescent and adult vaccines, primarily administered at physician offices. The Company also has animal health operations that discover, develop, manufacture and market animal health products, including vaccines, which the Company sells to veterinarians, distributors and animal producers. Additionally, the Company has consumer care operations that develop, manufacture and market over-the-counter, foot care and sun care products. Merck was established in 1891 and is based in Rahway, New Jersey.


Deal Context for Buyer #
Overall 1 of 37
Sector: Life Science 1 of 34
Type: Add-on Acquisition 1 of 35
State: Quebec 1 of 1
Country: Canada 1 of 1
Year: 1965 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1993-11-19 Medco Containment Services

Montvale, New Jersey, United States

Medco Containment Services, Inc. is a mail-order pharmacy and managed-care drug company.

Buy $6.0B