Merck has completed the €665 million (~$769.6 million) sale of its global Surface Solutions business to GNMI.
The move aligns with Merck’s strategy to focus on tech-driven growth.
GNMI will operate the unit under the new Susonity brand, with 1,100 staff transferred.
German jobs are secured until 2032.
Key sites in Germany, the US, and Japan remain, with long-term supply agreements in place.