VWR Acquires Integra Companies, Inc. and STI Components, Inc.
RADNOR, Pa., Nov. 7, 2014 /PRNewswire/ -- VWR (NASDAQ: VWR), a leading independent provider of laboratory products, services and solutions, announced today it has expanded its portfolio of product offerings to the life science and biopharmaceutical industries through its acquisitions of bioprocessing single-use system integrators, Integra Companies, Inc., and STI Components, Inc.
Integra Companies provides comprehensive single use connectivity solutions including tubing, hoses and gaskets for high-purity environments. Integra Companies supplies a broad selection of top tier products to customers in the biopharmaceutical, food processing, and microelectronic industries in the Northeast U.S. Established in 1974 and headquartered in Devens, MA, Integra Companies is ISO9001 Certified and operates two ISO Class 7 clean rooms.
STI Components is a leading provider of high-purity fluid handling components and custom engineered solutions for the biopharmaceutical, food processing, and microelectronic industries in the Southeast U.S. Founded in 1987, STI Components' Morrisville, NC location is ISO9001:2008 certified and operates a certified ISO Class 7 clean room, manufacturing and assembly area.
"Both of these companies are well-respected for superior service and providing custom solutions to their customers," stated Mark McLoughlin, SVP and President, U.S. Lab and Distribution Services. "Acquiring Integra and STI Components will increase our offering of single use disposable products and clean room kitting for our customers. We are pleased to have both teams joining the VWR organization."
VWR, recently listed on NASDAQ in October 2014, continues to expand its portfolio of products and services available to the biopharmaceutical industry by building upon its previous acquisitions of AMRESCO and UBI.
Financial details of these acquisitions remain confidential.
About VWR
VWR (NASDAQ: VWR), headquartered in Radnor, Pennsylvania, is a leading, independent provider of laboratory products, services and solutions with worldwide sales in excess of $4.1 billion in 2013. VWR enables science in laboratory and production facilities in the pharmaceutical, biotechnology, industrial, education, government and healthcare industries. With more than 160 years of experience, VWR offers a well-established network that reaches thousands of specialized laboratories and facilities spanning the globe. VWR has more than 8,500 associates working to streamline the way scientists, medical professionals and production engineers stock and manage their businesses. In addition, VWR supports its customers by providing other value-added service offerings, research support, laboratory services and operations services.
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SOURCE VWR
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