Acquisition Extends VWR's Custom Single-use Capabilities in Europe
RADNOR, Pennsylvania, June 2, 2016 /PRNewswire/ -- VWR (NASDAQ: VWR), the leading, global, independent provider of laboratory products, services and solutions, announced today that it has acquired JM Separations, B.V., a supplier of single-use fluid handling and separation technology products for pharmaceutical and biotech customers. JM Separations supplies complete single-use bag systems and custom solutions for media/buffer preparation, cell harvesting and for the clarification, concentration and chromatographic processes.
"We are excited to welcome the JM Separations team and its innovative solutions complementing our existing single-use systems portfolio," said Manuel Brocke-Benz, President and CEO of VWR. "This acquisition will broaden VWR's single-use product and service offering for our pharmaceutical and biotech customers."
Based in Tilburg, the Netherlands and founded in 1995, JM Separations mainly serves customers across Europe.
Financial details of this acquisition remain confidential.
VWR (NASDAQ: VWR), headquartered in Radnor, Pennsylvania, is the leading, global, independent provider of product and service solutions to laboratory and production customers. With sales in excess of $4.3 billion in 2015, VWR enables science for customers in the pharmaceutical, biotechnology, industrial, education, government and healthcare industries. With more than 160 years of experience, VWR has cultivated a value proposition delivering product choice, operational excellence and differentiated services to improve our customers' productivity from research to production. VWR's differentiated services provide innovative, flexible and customized solutions from scientific research services to custom-manufactured chemical blends. Our dedicated team of more than 9,300 associates is focused on supporting scientists, medical professionals and production engineers to achieve their goals.
For more information on VWR, please visit www.vwr.com.
Director, Corporate Communications
Phone: (484) 885-9338
John Sweeney, CFA
VP, Investor Relations