Merck KGaA (ETR: MRK), the German life science and technology company, announced last week a significant expansion of its life science distribution center in Germany, increasing the facility’s size by 25,000 square meters. This €180 million ($194 million) investment bolsters the center’s capabilities with additional filling lines and global distribution services, aimed at enhancing product availability to meet rising demand. The expansion is a part of Merck’s multi-year investment program, which has now reached a total of €2 billion ($2.2 billion) in expansion investments since 2020.
The press release detailed that Merck’s extensive global network encompasses over 50 production and testing sites, along with 64 distribution centers, reinforcing the company’s commitment to delivering essential drugs and services worldwide.- Flcube.com
