June 21, 2007 - Modern Distribution Management

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June 21, 2007

VWR International, Inc. Acquires Denmark-based Distributor

Leave a Comment / Top Distributor Sectors, Subscriber Only, News, Free, Facilities Maintenance (MRO), Companies /

VWR International, Inc., West Chester, PA, a supplier to the global research laboratory industry, has agreed to acquire Bie & Berntsen A-S, a Danish scientific laboratory supply distributor.
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Bie & Berntsen is one of Denmark's largest suppliers of chemical and laboratory equipment with 90 employees, all in Denmark. The company has annual revenues of US$27 million.
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Manuel Brocke-Benz, VWR senior vice president and managing director of European operations, said: The combination of VWR International and Bie & Berntsen is a perfect fit. VWR's expertise in chemicals, consumables and life science products, combined with Bie & Berntsen's emphasis on instruments, equipment and technical service, will enhance our product and service offerings to our customers and ...

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Schneider Enters Negotiations to Sell Unit to Eaton

Leave a Comment / Top Distributor Sectors, Subscriber Only, News, Free, Electrical /

Schneider Electric has entered into exclusive negotiations with diversified industrial manufacturer Eaton Corp. for the divestment of MGE UPS Systems. The expected move is to fulfill a commitment to the European Commission following the acquisition of American Power Conversion.
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Eaton is offering 425 million euros (US$569 million) for the business, which had revenues of 156 million euros (US$209 million) in 2006.
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MGE UPS Systems, a Schneider subsidiary, is a supplier of a full range of equipment: uninterruptible power supplies, static transfer switches, harmonic filters and advanced power management solutions. It has customers in more than 100 ...

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New Owners: HD Supply Will Maintain Acquisitive Strategy

Leave a Comment / Subscriber Only, News, Mergers & Acquisitions, Free, Finance, Companies /

HD Supply's new owners said that it is premature to say whether they will divest any of the $12 billion distributor's assets after taking full ownership, said David Novak, a partner at Clayton Dubilier & Rice, one of the three private equity firms that have agreed to buy the unit from The Home Depot Inc. for $10.3 billion.
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Bain Capital LLC, Carlyle Group and CD & R are splitting the investment evenly, Novak said.
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Though there are no immediate plans for HD Supply's current assets, the new owners do plan to continue building the company through acquisitions. That we will certainly do," Novak told MDM. "Local scale is very important for productivity and service levels."
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That means that HD Supply, with $12 billion in sales in 2006, will continue ...

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