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Global New Material International to Close Acquisition of Merck's SUSONITY and Launch Asia-Pacific Headquarters on August 29, 2025
ByAinvest
Tuesday, Aug 26, 2025 6:04 pm ET1min read
Global New Material International, a leading Asian pearlescent effect materials and synthetic mica company, has acquired Merck's global Surface Solutions business (SUSONITY) for €665 million, the largest cross-border acquisition in China's pearlescent materials industry. The acquisition marks a new chapter for Zhejiang entrepreneurs going global and represents the deep integration of global resources in technology, branding, channels, and culture. The event will be held at Xizi Hotel in Hangzhou on August 29, 2025, and will include a forum on corporate internationalization and cross-border integration practices.
Global New Material International (GNMI), a leading Asian company specializing in pearlescent effect materials and synthetic mica, has announced a significant milestone in its global expansion. The company has acquired Merck's global Surface Solutions business (SUSONITY) for €665 million, marking the largest cross-border acquisition in China's pearlescent materials industry [1].The acquisition, finalized on August 29, 2025, will be celebrated at the Xizi Hotel in Hangzhou, China. The event will feature a forum on corporate internationalization and cross-border integration practices, where industry leaders, experts, and business representatives will gather to discuss the future of global materials industry value chains [1].
The acquisition of SUSONITY represents a strategic declaration for GNMI, integrating global resources in technology, branding, channels, and culture. Following the acquisition, the Asia-Pacific headquarters of GNMI will be located in Tonglu, Hangzhou, leveraging the industrial ecosystem and talent resources of the Yangtze River Delta to drive global industrial progress [1].
The event in Hangzhou is set to be a historic moment, symbolizing the beginning of a new voyage for GNMI and Zhejiang entrepreneurs. The acquisition of SUSONITY epitomizes the globalization process of Zhejiang entrepreneurs and the Chinese manufacturing industry, sending a clear message that active integration, openness, and coexistence are key to gaining discourse power on a global scale [1].
References:
[1] https://www.globenewswire.com/news-release/2025/08/26/3139665/0/en/Rising-as-One-Shining-as-Many-Global-New-Material-International-opens-a-new-chapter-for-Zhejiang-entrepreneurs-going-global-on-29-August-2025.html
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