RADNOR, Pa., Aug. 4, 2011 /PRNewswire/ — VWR International,
LLC, a global leader in distributing laboratory supplies and
services, announced today that it will acquire LabPartner
(Shanghai) Co., Ltd., subject to customary closing conditions and
Chinese regulatory approval.
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Based in Shanghai, LabPartner is an established provider of lab
equipment, reagents, consumables, and services for research and
development. LabPartner supports the pharmaceutical and
biopharmaceutical industries in China, delivering premium products
and integrated services, with a focus on chemical distribution.
As part of a VWR’s global corporate strategy, the Company
continues to seek opportunities to expand its global footprint
through select acquisitions and expansion of existing operations.
LabPartner’s infrastructure will complement VWR’s current footprint
in the Asia Pacific region to meet the needs of its global and
local customers.
“VWR’s acquisition of LabPartner strengthens our position in
China by increasing our scale, geographic reach and supplier
offerings to our customers,” stated Eddy Wu, VWR’s Senior Vice
President and President of Asia Pacific. “We are excited to add
LabPartner’s complementary business to VWR’s global laboratory
supply and distribution business.”
Financial details of this acquisition remain confidential.
About VWR International, LLC
VWR International, LLC, headquartered in Radnor, Pennsylvania,
is a global laboratory supply and distribution company with
worldwide sales in excess of $3.6 billion in 2010. VWR enables the
advancement of the world’s most critical research through the
distribution of a highly diversified product line to most of the
world’s top pharmaceutical and biotech companies, as well as
industrial, educational and governmental organizations. With over
150 years of industry experience, VWR offers a well-establis
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