The Makroform Group of Bayer, headquartered in Darmstadt, Germany, a joint venture originally established on July 1, 2000, by Bayer AG and Rohm GmbH, became a wholly owned Bayer subsidiary as of July 15.The Makroform Group of Bayer, headquartered in Darmstadt Darmstadt (därm`shtät), city (1994 pop. 139,750), Hesse, central Germany. It is a commercial, industrial, and transportation center; its manufactures include chemicals, machinery, and pharmaceuticals. , Germany Germany (jûr`mənē), Ger. Deutschland, officially Federal Republic of Germany, republic (2005 est. pop. 82,431,000), 137,699 sq mi (356,733 sq km). , a joint venture originally established on July 1, 2000, by Bayer AG Bayer AG German chemical and pharmaceutical company. Founded in 1863 by Friedrich Bayer (1825–1880), it now operates plants in more than 30 countries. Bayer has originated scores of pharmaceuticals, chemicals, and synthetic materials; it was the first developer and and Rohm GmbH, became a wholly owned Bayer subsidiary as of July 15. Bayer previously held a 54.5% share in the joint venture and Rohm GmbH 45.5%. The two partners agreed to maintain confidentiality with regard to the purchase price. Apart from the private limited company (GmbH) in Darmstadt, the Makroform Group also includes Makroform N.V. in Tielt, Belgium, and Makroform SpA in Milan, Italy. The group of companies generates annual sales of EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 100 million and employs a staff of 300. |
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