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Sanofi to buy Merck's facility in Puerto Rico

Acquisition of this formulation and packaging site will expand the global manufacturing footprint of Merial, the animal healthcare company of Sanofi

ImageBS B2B Bureau B2B Connect | Paris, France
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Merial, the animal healthcare company of Sanofi, has acquired the Merck manufacturing facility in Barceloneta, Puerto Rico. The proposed transaction requires approval from the United States Federal Trade Commission. If approved, the acquisition will allow Merial to expand its global manufacturing operations and make use of the site’s expertise in chewables’ manufacturing technology. As part of the agreement, Merial will retain the approximately 200 Merck Barceloneta employees currently employed at this formulation and packaging site.
 
Carsten Hellmann, CEO, Merial, and EVP, Sanofi, said, “The Barceloneta manufacturing operation aligns well with Sanofi and Merial’s global business and manufacturing strategies. This addition to Merial’s global manufacturing network, which spans nine countries, enables Merial to further extend its global production capabilities to deliver high-quality and innovative medicines that enhance the health and well-being of animals.”
 
The formulation and packaging operations of the site were put up for sale by Merck. The Barceloneta production facility has been involved in and will maintain responsibility for manufacturing and packaging Merial’s industry-leading Heartgard and Heartgard Plus products, which are used to help prevent heartworm disease in dogs and cats.
 
Merial employs around 6,200 people and operates in more than 150 countries worldwide with more than to Euro 2 billion of sales.

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First Published: Dec 05 2014 | 9:39 PM IST

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