LSE:0O14 - Merck KGaA MERCK Kommanditgesellschaft au
Sector: Industrials, Industry: Environmental & Facilities Services
Next Earnings: 1 Aug 2024
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12 Jun 2024


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General

CEO: Ms. Belen Garijo Lopez M.D.

Headquarters: GB

Employees: 63,712

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Description

Merck KGaA operates in three main segments: life sciences, performance materials, and healthcare. The life sciences segment (47% of 2022 sales) primarily provides laboratory consumables and services to researchers in academia and applied fields, including the biopharmaceutical industry. In the healthcare segment (35%), Merck develops, manufactures, and sells branded pharmaceuticals with significant therapeutic concentrations in oncology, multiple sclerosis, and fertility. In its electronics segment (18%), the company offers specialty materials to manufacture a variety of products, such as semiconductors, flat-screen televisions, automobiles, and cosmetics. In 1995, the E. Merck KG family publicly sold part of the company, resulting in the current 30% public ownership of the firm.

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