Avantor to acquire VWR for £3.4bn.

Avantor, a global supplier of ultra-high-purity materials for the life sciences and advanced technology industries has acquired VWR, the leading global independent provider of product, supply chain, and service solutions to laboratory and production customers for £3.4bn. "With the enhanced scale and favourable long-term industry dynamics, we are well positioned to accelerate growth, benefiting from deeper access to the high-growth biopharma, industrial, and applied research sectors. Together we have increased reach and direct channel access, customized logistics and product requirements, and a strong local presence in both developed and emerging markets. Just as important, the combined company will create new opportunities for our stakeholders, including our employees, customers and the industries in which we operate." Michael Stubblefield, Avantor CEO.