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Industry / Bulgaria

Merck KGaA Increases Presence With Aquachim Acquistion

November 2009 | Industry Trend Analysis

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Germany-based multinational drugmaker Merck KGaA has completed the acquisition of Bulgarian company Aquachim's operations, which handle the distribution of Merck pharmaceuticals, the company confirmed on November 2 2009. In line with the acquisition, Merck has established a fully operational subsidiary in Bulgaria in order to further develop its business activities. BMI believes that by increasing its visibility in the country, Merck will be better placed to exploit its growing pharmaceutical