5/5: Lehigh Valley manufacturer to acquire Radnor-based VWR for $6.4bn, with PE backing; Universal Display Rockets On Monster Q1 Beat
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$6.4 billion mega-deal: Lehigh Valley manufacturer to acquire Main Line lab products supplier VWR (Philadelphia Business Journal)
At first glance, an unusual combination.
“Avantor’s acquisition of VWR is both highly compelling and complementary,” said Avantor CEO Michael Stubblefield in a statement. “We will bring together our well-known expertise in ultra-high-purity materials and customized 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.”
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