VWR Buys New Zealand–Based Distributor

The acquisition continues VWR’s streak of foreign acquisitions. Revenue for EBOS’s Scientific business increased 8.1% to NZD 66.7 million ($47.9 million = NZD 1.39 = $1) last year to make up 5% of total revenues.

West Chester, PA 8/5/10; Christchurch, New Zealand 8/5/10—VWR has agreed to acquire the scientific distribution businesses of EBOS Group for an undisclosed amount. The businesses distribute general laboratory supplies and life science products in Australia and New Zealand through Quantum Scientific, Crown Scientific and Global Science & Technology. The businesses’ annual revenue is approximately $40 million. “This acquisition is an important step in our effort to expand our global footprint while providing a base of operations in both Australia and New Zealand,” stated Eddy Wu, VWR senior vice president and president, Asia Pacific. The transaction is expected to close on or near September 1.

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