VWR Buys Two Companies

This is VWR’s second and third acquisitions this year (see IBO 4/15/12, 4/30/12). According to its business profile, KLEN International manufactures and supplies specialty cleaning and sanitation chemicals for mining and geochemical assay labs, including fire assay flux for quantifying gold levels in soil and rocks. Sovereign Group is headquartered in Miami, Florida.

Radnor, PA 9/10/12; Radnor, PA 9/12/12—VWR International has acquired two businesses for undisclosed amounts, expanding its international sales. VWR has purchased the mining supply business of KLEN International. The business manufactures and distributes products that are used by labs that serve the precious metals mining industry. “Strategically located in Western Australia, VWR’s acquisition of KLEN adds to our existing global mining supply network of facilities in the U.S., Canada, and Chile,” said Ted Pulkownik, VWR senior vice president of Strategy & Corporate Development. VWR has also acquired Sovereign Group, a lab product distributor with distribution centers and sales organization in Argentina and Brazil. “This acquisition allows us to better serve our global customers in Brazil and Argentina as their demands continue to increase,” said Mr. Pulkownik. The company stated that the acquisition strengthens its ability to serve the biotechnology, pharmaceutical, education and government markets in Latin America.

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