NEW YORK (GenomeWeb News) – Sigma-Aldrich said on Monday that it has realigned the firm into three market-focused businesses intended to better serve its customers and drive sales growth.
The St. Louis-based chemicals and research tools firm said that its new Applied Markets Business Unit will serve its customers in the diagnostics, testing, and industrial markets. Frank Wicks, who currently serves as president of the research business will be president of this division.
The new Research Markets Business Unit will focus on selling research products to scientists in the life science, academic, government, and hospital markets around the world. It will be led by Eric Green, who currently serves as VP and managing director of the International region.
Its SAFC business will be renamed the SAFC Commercial Markets Business Unit and will continue to focus on customers in the life science and electronic markets. Gilles Cottier will continue to lead this business.
Sigma-Aldrich previously reported financial results for its Research Chemicals unit, which consisted of Research Essentials, Research Specialties, and Research Biotech, and for SAFC.
It said that it will provide more information about the structure, sales, and growth prospects of each of the three new business units when it reports its Fiscal Year 2012 financial results early in 2013.