P&G Acquires Merck KGaA Darmstadt Germany

10 Stocks To Watch For

"First, it allows P&G to diversify its consumer health portfolio geographically, as Merck KGaA has well-built presence across Europe, Asia, and Latin America, whereas nearly half of P&G's consumer health sales fall just in the U.S. It also makes sense to expand P&G's portfolio from pure OTC towards the faster-growing vitamins and dietary supplements categories where Merck KGaA plays most directly; more than three-quarters of Merck's global sales come in the form of vitamins and dietary supplements, while more than 80% of P&G's consumer health sales fall in OTC".

In September 2017 Merck had said that it was preparing strategic options for its consumer health business, including a potential full or partial sale of the business as well as strategic partnerships.

The deal represents "a step in the right direction for P&G", said Deborah Aitken, an analyst with Bloomberg Intelligence.

This acquisition enables P&G to expand its successful consumer healthcare business by adding a fast-growing portfolio of differentiated, physician-supported brands across a broad geographic footprint.

Speaking to press on Thursday, Oschmann said that the unit would "fit excellently" into the portfolio of Procter & Gamble which already includes famous brands such as the laundry detergent, Ariel, the toothpaste blend-a-med and Pampers diapers. Merck Consumer Health portfolio includes a broad range of OTC products, many of which are treatment areas not now addressed in P&G's portfolio.

As part of the transaction, Merck said, it is thought that about 3,300 employees, mainly from the consumer health unit, will transition to P&G upon completion of the transaction.


Market researcher Euromonitor notes that, in 2017, P&G was the ninth largest global consumer health corporation in terms of retail value.

"We like the steady, broad-based growth of the OTC Health Care market and are pleased to add the Consumer Health portfolio and people of Merck KGaA, Darmstadt, Germany, to the P&G family", says Chairman David Taylor. "Each company will take back its own brand and product assets to re-establish independent OTC businesses", Teva said in a statement.

The deal follows GlaxoSmithKline agreeing to buy Novartis out of their consumer healthcare joint venture for $13 billion after dropping its pursuit of Pfizer's consumer unit.

Germany's Merck is separate from US -based Merck & Co.

JP Morgan acted as financial adviser to Merck on the transaction, and Freshfields Bruckhaus Deringer was legal adviser.

Related News:

  • Why the Colorado marijuana tax doesn't benefit teachers' pay

    Why the Colorado marijuana tax doesn't benefit teachers' pay

    Two children were taken to the hospital by their parents, where they were treated and released. Instead, it involved children in discussions and watched movies with them.
    Pentagon on Syria strikes: 'We successfully hit every target'

    Pentagon on Syria strikes: 'We successfully hit every target'

    Residents in Damascus, who had lived on edge for years because of mortar shells lobbed from eastern Ghouta, celebrated the news. The Pentagon officials also said that the "Syrian chemical weapons system is larger than the three targets hit in Syria".

    Conte: Chelsea players deserve credit for comeback win

    Conte claimed to have missed the incident in real time, but Southampton manager Mark Hughes was more forthright in his assessment. In the second half we showed great character and a great reaction. "We showed the right fire in our eyes".
  • Joel Embiid: 'I'm Going to Be a Nightmare for

    Joel Embiid: 'I'm Going to Be a Nightmare for

    Embiid , who scored 23 points in Game 3 with seven rebounds and four assists in 30 minutes, has moved his attention elsewhere. The Sixers and Heat will return to the American Airlines Arena in Miami tomorrow afternoon for Game 4 at 2:30pm ET.
    Germany hits brakes on Macron's European dreams

    Germany hits brakes on Macron's European dreams

    Analysts warn the public consultations risk backfiring by giving nationalist groups a platform to lambaste Brussels and Mr. But he recalled that "Europe is an ensemble", even with Britain set to leave the European Union next year.
    Will Ferrell hospitalized after SUV flipped in crash

    Will Ferrell hospitalized after SUV flipped in crash

    Thursday on northbound Interstate 5, north of La Paz Road in Mission Viejo, according to the California Highway Patrol. Ferrell's representative told TMZ the actor was not seriously hurt and was released from the hospital Friday morning.
  • Shire rejects

    Shire rejects "undervalued" Takeda bid

    The second bid on April 11 valued Shire at £43 billion, with shareholders in the UK-based firm owning 51% of the enlarged Takeda. Shire plc , a biotechnology company, focused on serving people with rare diseases and other specialized conditions worldwide.
    Kendrick Lamar Wins 2018 Pulitzer Prize in Music

    Kendrick Lamar Wins 2018 Pulitzer Prize in Music

    Many of his songs highlight issues he has faced, such as racism, life on the streets, self-love, police brutality and survival. Lamar was first born and raised at the Los Angeles suburb of Compton, hip hop pioneers' house NWA, and commenced making music.
    Wells Fargo faces $1 billion fine to settle loan abuses

    Wells Fargo faces $1 billion fine to settle loan abuses

    A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Wells Fargo's efforts to reduce risk in some of its business segments, including auto lending, appear to be paying off.
  • There are some odd  calls in the PFA Team of the Year

    There are some odd calls in the PFA Team of the Year

    Right-back Kyle Walker , centre-back Nicolas Otamendi , midfielders David Silva and Kevin De Bruyne and striker Sergio Aguero were named in the XI.
    Class Action Lawsuit Over Facebook Biometrics to Proceed

    Class Action Lawsuit Over Facebook Biometrics to Proceed

    Users sued in 2015 in a class-action lawsuit, which finally came into legal fruition earlier today, so to speak. Facebook switched the feature off in Europe in 2012 after an audit by Ireland's data watchdog .
    US pastor faces espionage, terror charges in Turkey trial

    US pastor faces espionage, terror charges in Turkey trial

    More than 50,000 people are jailed under state-of-emergency decrees and more than 150,000 people have lost their jobs. Gulen denies any role in the failed coup and says his Hizmet (Service) movement promotes a peaceful form of Islam.


Most liked

Languid Stalker Breaks Into Taylor Swift's Home to Nap
According to an April 20 report from TMZ , a man broke into the singer's New York City apartment and made himself comfortable. Roger Alvarado , 22, of Homestead, Florida was charged with stalking, burglary, criminal trespassing and criminal mischief.

LaMarcus Aldridge: Kawhi Leonard 'Has to Do What's Best for Him'
And it's true that George (36 points on 13-for-20 shooting, including 8 for 11 from three) was the difference in Sunday's game. Having Derrick Rose take the most shots on the team - and five more than Towns - simply isn't going to work in any situation.

Democratic Party sues Russia, Trump campaign and WikiLeaks alleging conspiracy
Trump has repeatedly denied his campaign colluded with Russian Federation and Moscow has denied meddling in the election. Manafort and Gates have been charged in Mueller's investigation with money-laundering, fraud and tax evasion.

Swedish DJ Avicii found dead at 28
Rizarri says he and other Avicii fans were hoping for a comeback album. "He was a hardworking and gentle person - one of a kind". I have been DJIng a number of years now and his tracks at all times get the complete crowd leaping with absolute pleasure.

Manchester United boss Jose Mourinho grateful for Fulham hospitality
Manchester United take on Tottenham at Wembley in the first semi-final on Saturday (5.15pm kick-off). Perhaps Sanchez's best display of the season came against Tottenham, but it was in an Arsenal shirt.

Kardashians pull the plug on Dash fashion stores
Khloe was just days away from giving birth when Tristan was reportedly spotted kissing a mystery woman in NY . The 37-year-old thanked Dash employees and their customers for their support.

Conte: Why Burnley's Dyche has it easier than me at Chelsea
The Blues are still able to find their way into the top four, as they sit only seven points behind Tottenham . Within touching distance of sixth-placed Arsenal , Burnley faced Chelsea in a must-win game for their season.

Miguel Diaz-Canel elected as Cuba's new President
Raul Castro , the previous president of Cuba, assumed his post in 2008 after a transitional period that lasted for two years. Diaz-Canel, who has spent years climbing the party ranks, was named the sole candidate for the presidency on Wednesday.

Starbucks to Close all US Stores on May 29
Yaffee arrived as the officers put the men, who were not being disruptive or confrontational , in handcuffs for trespassing. But by this time, the video of the Black men's apprehension had already gone viral nationwide.

Marleau scores twice as Maple Leafs rebound to take Game 3
Frustrating as it may have been, Cassidy wasn't about to blame that call for Boston's first loss of the series. Andersen was quite good, as was another player that Babcock mentioned in the aforementioned comment.

Embiid Clears Concussion Protocol, Won't Play Game 2
One of the East's most intriguing 2018 NBA Playoffs first round match-ups pits the Philadelphia 76ers vs Miami Heat on Saturday. Although Embiid has missed the past eight games, the 76ers have thrived with an 8-0 record during that stretch.

Milwaukee Bucks Game 1 Preview: April 15 at Boston Celtics
The Milwaukee Bucks shot 48.2 percent from the field while the Celtics shot 41.5 percent, and they still lost. The Boston Celtics are shooting 42.3 percent from beyond the arc and 88.9 percent from the free throw line.

A cold, damp Sunday forecast for Long Island
Flash Flood Watches has been posted for the western half of the state and will last throughout the rest of our Saturday evening. First Alert Weather Days are created to give you an early notification about the possibility of severe weather in your area .

Mehbooba Mufti to decide resignation of BJP minister, says Ram Madhav
He lashed out at the Congress, alleging that it was trying to politicise the issue which should not be done. If my resignation can save the image of my party, I will give this sacrifice", Ganga told the media.

Meghan Markle Just Made a Stealthy Trip Back to the United States
A statement from the palace explained that Alexi Lubomirski will be taking pictures of the couple following their wedding at St. From the guest list to the wedding dress, here's everything you need to know about this year's biggest royal wedding.