The 2020 Mid-Year Economic Update_long

Lab Supplier VWR Buys German Distributor

VWR International, Inc., West Chester, PA, supplier to the global research laboratory industry, has acquired the remaining 76% interest in KMF Laborchemie Handels GmbH, a German-based scientific laboratory supply distributor.
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KMF has 70 employees, all based in Germany, with annual revenues of US$45 million.
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KMF's customers include research institutes, universities, public control laboratories, pharmaceutical and other industries. In addition to its central warehouse in Sankt Augustin, Germany, KMF has branch offices in Lohmar and Leipzig. The Company's mission is to deliver excellence in distribution of scientific supplies and customer service.
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VWR International is a lab supply distributor with worldwide sales in excess of $3 billion. VWR's ...

VWR International, Inc., West Chester, PA, supplier to the global research laboratory industry, has acquired the remaining 76% interest in KMF Laborchemie Handels GmbH, a German-based scientific laboratory supply distributor.
&nbsp ;
KMF has 70 employees, all based in Germany, with annual revenues of US$45 million.
&nbsp ;
KMF’s customers include research institutes, universities, public control laboratories, pharmaceutical and other industries. In addition to its central warehouse in Sankt Augustin, Germany, KMF has branch offices in Lohmar and Leipzig. The Company’s mission is to deliver excellence in distribution of scientific supplies and customer service.
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VWR International is a lab supply distributor with worldwide sales in excess of $3 billion. VWR’s principal customers are major pharmaceutical, biotechnology, chemical, technology, clinical, food processing and consumer product companies, universities and research institutes, governmental agencies, environmental testing organizations, and primary and secondary schools. VWR distributes a diversified product mix, including chemicals, glassware and plasticware, equipment and instruments, furniture, protective apparel, production and safety products, and other life science and laboratory products and supplies.
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VWR is owned by Clayton, Dubilier & Rice, and recently announced it exploring strategic options” for the company. VWR is owned by Clayton, Dubilier & Rice, which bought the company from Merck KGaA of Germany for $1.65 billion in April 2004.

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