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Home  > Markets & companies  > Raw materials market  > Merck announces details of efficiency program

Sunday, 25 October 2020
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Markets & companies, Raw materials market

Merck announces details of efficiency program

Thursday, 17 May 2012

The Company plans to transform the company through organic sales growth and bolt-on acquisitions.

Merck expects to focus primarily on organizational changes and optimizing its cost structure across all businesses over the next two years.

Source: Merck
Merck expects to focus primarily on organizational changes and optimizing its cost structure across all businesses over the next two years. Source...

Merck expects to focus primarily on organizational changes and optimizing its cost structure across all businesses over the next two years. The company Merck announced details of its planned efficiency program at its Capital Markets Day in Darmstadt on May 15, 2012. Merck will not consider major portfolio divestments or transformational acquisitions prior to completing the efficiency program. Instead, it will exploit its leading market positions to optimize organic sales growth, while continuing to complete bolt-on acquisitions. The Performance Materials division will focus on launching new Liquid Crystal products and improving existing technologies. Other priorities are to foster growth in new businesses such as solid-state lighting and reactive mesogens, and to deliver operational improvements in the Pigments business unit.

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