GLOBAL NEW MAT (06616) completes the acquisition of Merck's Surface Solutions business.

On the evening of July 31st, GLOBAL NEW MAT (06616) announced that the delivery of the acquisition of the global surface solutions business of Germany's Merck Group has been officially completed. After the acquisition, the company will not only have production bases in China and South Korea, but also production bases and global sales networks in Germany, Japan, and the United States. GLOBAL NEW MAT stated that this acquisition will further expand the company's business geographical coverage and sales channels. The highly complementary business integration will accelerate the company's penetration into key high-quality markets worldwide. The company will further enrich its product portfolio, enhance its core business competitiveness, especially in the automotive and cosmetics sectors. It will also strengthen the global supply chain, achieve cost reduction and efficiency enhancement, and improve operational efficiency.