Last updateMon, 12 Aug 2019 2am


Merck Acquires BSSN Software to Accelerate Customers’ Digital Transformation in the Lab

Merck has acquired BSSN Software, a Darmstadt, Germany-based laboratory informatics company that makes data more readily accessible for ease of integration, collaboration, analysis and long-term archiving.

Gives scientists better, more efficient access to their lab data
Boosts Merck’s digital laboratory productivity business, commercial growth

Thimm Group expands in Poland: TOP Packaging takes over United Packaging

Thimm Group, based in Northeim in the German State of Lower Saxony, is continuing its growth path and expanding in Poland. TOP Packaging, the joint venture owned by THIMM Group and located in Tychy in southern Poland, is taking over the local supplier of corrugated cardboard packaging, United Packaging SA in Skarbimierz, near Wroclaw. The takeover of the plant with over 100 employees will be completed after approval by the Polish cartel office.

Good order situation at start of second quarter

Demand for contract and subscription offerings continues to develop favorably – higher share of recurring sales

First quarter affected by reluctance to invest due to economic situation
Seasonal increase in net working capital hits free cash flow
Measures introduced to increase liquidity and safeguard profitability

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