Avantor supplies ultra-high-purity materials for the life sciences and advanced technology industries. The company yesterday announced the completion of its acquisition of VWR Corporation, a product, supply chain, and service solutions provider.
According to the company, VWR will operate as a wholly-owned subsidiary of Avantor. VWR’s common stock stopped trading November 21, 2017 on the Nasdaq Stock Market.
Michael Stubblefield, Avantor CEO, who will lead the combined company, commented in a press release: "The new Avantor is a leading global provider of discovery-to-delivery solutions that offer more value to customers along with an additional layer of supply chain security.”
According to the company, it will maintain a “strong presence” in both the Lehigh Valley and Radnor, Pennsylvania regions.
Avantor declined to comment further at this time.