VWR International, Inc. Acquires Remaining Stake in KMF Laborchemie Handels GmbH
WEST CHESTER, Pa., March 29 — VWR International, Inc., a
leading supplier to the global research laboratory industry, today
announced that it has acquired the remaining approximately 76% interest in
KMF Laborchemie Handels GmbH (KMF) effective April 1, 2007, a German-based
scientific laboratory supply distributor, that it did not already own.
KMF has 70 employees, all based in Germany, with annual revenues of
approximately $45 million US dollars.
Manuel Brocke-Benz, Senior Vice President and Managing Director of
VWR’s European operations, said, “We are very pleased that VWR now has a
100 percent stake in KMF, a key European distributor for the Company. The
very customer- centric approach of KMF – together with the strength of
VWR’s logistics network and service capabilities in Germany and across
Europe – will enhance our value proposition to our combined customer base.
Our suppliers will also clearly benefit from having an even stronger
partner in one of the major European markets. We look forward to
integrating the KMF team to support our growth plans in 2007 and beyond.”
About KMF Laborchemie Handels GmbH
KMF Laborchemie Handels GmbH offers a highly diversified product range
of chemicals and consumables to the laboratory industry in Germany with an
emphasis on chromatography, microbiology and life science products. The
Company’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.
About VWR International, Inc.
VWR International is a leader in the global research laboratory
industry with worldwide sales in excess of $3 billion US dollars. VWR’s
business is highly diversified across products and services, geographic
regions and customer segments. The Company offers products from a wide
range of manufacturers, to a large number of customers primarily in North
America, Europe and other locations. 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. VWR supports its
customers by providing storeroom management, product procurement, supply
chain systems integration, technical services and laboratory bench top
delivery. VWR maintains operations in over 20 countries and employs over
6,000 people worldwide. VWR International is headquartered in West Chester,
Pennsylvania. VWR-G
For more information on VWR International, phone 1-800-932-5000, visit
http://www.vwr.com, or write, VWR International, Inc., 1310 Goshen Parkway, P.O.
Box 2656, West Chester, PA 19380-0906.
VWR and design are registered trademarks of VWR International, Inc.
SOURCE VWR International, Inc.