MERCK Kommanditgesellschaft auf Aktien (XTRA:MRK) agreed to acquire Chemical Business of Mecaro Co., Ltd. (KOSDAQ : A241770) for Ç110 million on August 17, 2022. The transaction consideration comprises an upfront cash payment of Ç 75 million, plus contingent milestone payments of up to Ç 35 million. The transaction is expected to be closed in fourth quarter of 2022 and is subject to regulatory clearance as well as the satisfaction of other customary closing conditions.