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Is the Merck referred to above as having bought Sigma-Aldrich...

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Eddie30

291 Posts.

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23/07/15

10:28

Post #: 15679901
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Originally posted by mika84 ↑

Sigma-Aldrich ($2bn Revenue, 10,000 employees in 40 countries) has been bought by Merck KGaA ($11.3bn Revenue, 40,000 employees in 70 countries) on July 13 2015.

ADO is getting noticed by big players. We should not under estimate the impact such a partnership may have on ADO's revenue in the short term. Products listing is probably a test, if they sell well, I could see ADO's products being exposed on many more channels rapidly. Also, the Marketing is all taken care of by Sigma and at a higher level, Merck. These guys have connections... And know-how.

All in my humble opinion of course.

GLTYA, DYOR

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Is the Merck referred to above as having bought Sigma-Aldrich the same Merck that ADO have had an agreement with for about 4 years.

If so sales by Merck and other parties that have been in effect for a number of years have yielded bugger all in income for ADO.

Early action on the ASX is rather small and the price has dropped back from a high of 9.4 cents to 9.2 cents with little activity in the last 10 minutes. The market does not appear to place a great deal of value on this announcement "yet".

ADO Price at posting: 9.2¢ Sentiment: Hold Disclosure: Held
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