Avantor acquires lab equipment & chemicals supplier VWR for $ 6.4 billion

“Avantor’s acquisition of VWR is both highly compelling and complementary. We will bring together our well-known expertise in ultra-high-purity materials and customised solutions with VWR’s global scale, unparalleled channel access, and deep customer relationships. Collectively, this will create a larger, stronger and more diversified company with significantly enhanced scale and product breadth. The global customers that we plan to serve in a more high-touch manner will immediately benefit from the combination, as we will provide end-to-end solutions that offer increased quality, effectiveness, and productivity,” said Michael Stubblefield, chief executive officer of Avantor.

Manuel Brocke-Benz, president and chief executive officer of VWR, added, “Given the changing dynamics in the highly fragmented and diverse life sciences sector, we believe that combining Avantor’s advanced materials and solutions with VWR’s unparalleled distribution capabilities and breadth of offerings represents a compelling value proposition. I am confident that this acquisition will create a highly differentiated organisation, one that is uniquely positioned to serve the growing needs of laboratory and production customers around the world.”