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Merck to Relocate Animal Health HQ to U.S.
Posted: Jan. 31, 2012, 12:55 p.m. EST
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| Merck Animal Health is moving to New Jersey. |
Merck Animal Health intends to move its corporate headquarters from Boxmeer, the Netherlands, to its Summit, N.J. campus, the company reported today.
The company also plans to centralize its commercial and marketing functions in Summit as part of its worldwide strategic plan, which included changing its name in June 2011 from Intervet/Schering-Plough Animal Health to Merck Animal Health in the U.S. and MSD Animal Health outside of the U.S.
Merck Animal Health believes it can operate more effectively and efficiently with the centralization of its headquarters' functions in the U.S., according to president Rick DeLuca. The move will bring the animal health headquarters closer to parent company Merck and Co.’s headquarters in Whitehouse Station, N.J.
The Boxmeer site will remain a pivotal part of Merck Animal Health’s global business and strategy, especially in the areas of manufacturing and biological research and development, the company said. Merck estimates about 65 redundancies in Boxmeer as a result of the move, but the facility will continue to employ about 1,700 people.
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