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Business

Merck, Lonza Buy Indian Companies

by Jean-François Tremblay
October 19, 2009 | A version of this story appeared in Volume 87, Issue 42
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Germany's Merck will buy the lab products maker Bangalore Genei from India's Sanmar Group. Based in the southern city of Bangalore where it employs 100 people and had sales of $4.5 million last year, Genei makes products used in proteomic and genomic research. Separately, Lonza acquired Bangalore-based Simbiosys Biowares India. An outsourcing company with 40 employees, Simbiosys Biowares specializes in preclinical services and cell and molecular biology. Lonza says it bought Simbiosys to strengthen its cell-biology capabilities.

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