The proceeds from this sale will be directed towards strengthening core strategic areas. The Surface Solutions unit specialises in providing pigment solutions for coatings, industrial, and cosmetic applications, generating EUR 411 million in sales in 2023. As part of the transaction, around 1,200 employees will be transferred to GNMI, with approximately 700 of them based in Germany. Merck has been preparing for some time to divest its pigment business. In 2022, the company spun off the division and initiated the first steps toward its sale, receiving three final offers last June, reports the German magazine business "Handelsblatt". Among ...