
What smart money is saying about Merck KGaA
1 fund in our archive has pitched Merck KGaA — most recently Overstone International Value Fund in December 2025.
Merck KGaA operates as a science and technology company in Germany. It operates through Life Science, Healthcare, and Electronics segments. The company's Life Science segment offers tools, chemicals, and equipment for academic labs, biotech, and pharmaceutical manufacturers, as well as industrial sector. This segment also provides drug manufacturers with process development expertise and technologies, such as continuous bioprocessing; testing kits and services; reagents and services; testing solutions that analyze air, water, and soil; and testing and tools, as well as products that help test nutritional value and identify quality inconsistencies. The Healthcare segment discovers, develops, manufacturers, and markets prescription drugs and biopharmaceuticals for the treatment of oncology, neurology and immunology, fertility, endocrinology, as well as cardiovascular, diabetes, thyroid disorders, and multiple sclerosis; general medicines; and injection device and disease monitoring software. The Electronics segment supplies materials for the semiconductor and display industries and surface design, such as delivery systems and services, as well as surface solutions, including cosmetics, effect pigments, and functional solutions. In addition, it has in-licensing agreement with Debiopharm International SA for developing and commercializing drug candidates for the treatment of head and neck cancer; Jiangsu Hengrui Pharmaceuticals Co. Ltd. for developing, manufacturing, and commercializing drug candidates for the treatment of metastatic colorectal cancer; and Abbisko Therapeutics Co. Ltd. for developing and commercializing of drug candidates for the treatment of tenosynovial giant cell tumor, as well as license and collaboration agreement with Merck KGaA to discover two targeted protein degraders against critical oncogenic proteins. The company was founded in 1668 and is headquartered in Darmstadt, Germany. Merck KGaA operates as a subsidiary of E. Merck KG.
Also mentioned · 1
These funds discuss Merck KGaA — as a competitor, benchmark or comparable — without disclosing a position in it.
- MentionedOldfield Partners Overstone Global Equity FundJune 2026
“Belén Garijo, formerly CEO of Merck KGaA, took over in April with an explicit focus on improving R&D.”
Read the letterMerck KGaA
Fund coverage · 1 thesis
- Overstone International Value FundDecember 2025
Merck KGaA is a family-controlled life science and semiconductor materials leader with improving end-market trends and a diversified pharma business, acquired at a reasonable ~14x P/E after temporary headwinds.
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