Deals will position us well for growth - VWR
The provider of laboratory products and services said the deals will expand its product offerings to the life science and biopharmaceutical industries.
The cost of the deal was not disclosed.
VWR offers products for microbiological control, from sample preparation to final identification of microorganisms, food and beverage testing and laboratory equipment.
Single-use system expertise
Valerie C. Collado, director, corporate communications at VWR, told FoodQualityNews.com that both companies will bring single use connectivity products including tubing, hoses and gaskets for high-purity environments to its portfolio.
“These businesses bring additional capability and products to our customers in food manufacturing environments in addition to the broad portfolio of production testing and QC laboratory products already offered by VWR,” she said.
“We feel that by acquiring these two companies we will be well-positioned for growth particularly in the bio-processing space given their expertise with single-use systems.”
When asked about how the companies will be integrated, including factories and staff, she said: “We are happy to welcome the associates of Integra Companies and STI Components to VWR and look forward to leveraging their knowledge of these products to better support our customers.”
About the acquired companies
Integra Companies provides single use connectivity items including tubing, hoses and gaskets for high-purity environments.
The firm supplies a selection of products to customers in the biopharmaceutical, food processing, and microelectronic industries in the Northeast US.
Established in 1974 and headquartered in Devens, Massachusetts, Integra Companies is ISO9001 Certified and operates two ISO Class 7 clean rooms.
STI Components is a provider of high-purity fluid handling components and products for industries including food processing in the Southeast US.
Founded in 1987, STI Components' Morrisville, North Carolina location is ISO9001:2008 certified and operates a certified ISO Class 7 clean room, manufacturing and assembly area.
Mark McLoughlin, SVP and president, US lab and distribution services, said the companies are known for their service and custom products.
"Acquiring Integra and STI Components will increase our offering of single use disposable products and clean room kitting for our customers."
VWR said it continues to expand its portfolio in the biopharmaceutical industry by building upon previous acquisitions of AMRESCO (in 2011) and UBI (in 2013).
