VWR International, Inc., West Chester, PA, a distributor to the global research laboratory industry, announced that Goldman Sachs & Co. and Banc of America Securities LLC have been retained to explore strategic options for VWR.
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VWR is owned by Clayton, Dubilier & Rice, which bought the company from Merck KGaA of Germany for $1.65 billion in April 2004.
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John Ballbach, president and CEO of VWR, said, “As this process moves forward, we remain committed to maintaining our strong relationships with our customers and suppliers and to the continued growth of our business.”
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The company does not expect to disclose further developments regarding the process until the review of strategic options has been completed.
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VWR International …
Lab Supply Distributor VWR Exploring Strategic Options
VWR International, Inc., West Chester, PA, a distributor to the global research laboratory industry, announced that Goldman Sachs & Co. and Banc of America Securities LLC have been retained to explore strategic options for VWR.
  ;
VWR is owned by Clayton, Dubilier & Rice, which bought the company from Merck KGaA of Germany for $1.65 billion in April 2004.
  ;
John Ballbach, president and CEO of VWR, said, “As this process moves forward, we remain committed to maintaining our strong relationships with our customers and suppliers and to the continued growth of our business.”
  ;
The company does not expect to disclose further developments regarding the process until the review of strategic options has been completed.
  ;
VWR International …
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