VWR International, LLC Signs Agreement to Acquire Peqlab Biotechnologie GmbH
RADNOR, Pa., Feb. 3, 2014 /PRNewswire/ -- VWR International, LLC, a global solutions provider of laboratory supplies, equipment and services announced today that it has signed an agreement to acquire Peqlab Biotechnologie GmbH, including its subsidiaries and operations in the U.S., UK and Austria and manufacturing operation Clemens GmbH in Germany. The agreement is subject to customary closing conditions and regulatory approval in Germany.
Established in 1996 and headquartered in Erlangen, Germany, Peqlab develops, manufactures and supplies molecular and cell biology reagents, consumables and instruments to support the education, research, healthcare and pharmaceutical industries and will further enhance VWR's product portfolio.
"Peqlab is recognized in Germany and beyond as a specialist distributor of life science products, including the Peqlab brand product range," stated Manuel Brocke-Benz, VWR's President and CEO. "Peqlab's dedicated and specialist staff, with their focus on providing impeccable quality, will only enhance our customers' experience."
Financial details of this acquisition remain confidential.
About VWR International, LLC
VWR International, LLC, headquartered in Radnor, Pennsylvania, is a global provider of laboratory supplies, equipment and services with worldwide sales in excess of $4.1 billion in 2012. VWR enables the advancement of the world's most critical research by providing product and service solutions to laboratories and production facilities in the pharmaceutical, biotech, industrial, educational, governmental and healthcare industries. With over 160 years of industry experience, VWR offers a well-established network that reaches thousands of specialized labs and facilities spanning the globe. VWR has over 8,000 associates around the world working to streamline the way scientists, researchers, medical professionals and engineers across the Americas, Europe and Asia Pacific stock and maintain their facilities. In addition, VWR further supports its customers by providing onsite services, storeroom management, product procurement, supply chain systems integration and technical services.
For more information on VWR, phone 1-800-932-5000, visit www.vwr.com, or write, VWR, Radnor Corporate Center, Building One, Suite 200, 100 Matsonford Road, Radnor, PA 19087.
VWR and design are registered trademarks of VWR International, LLC.
SOURCE VWR International, LLC